Eicher Motors Q4 FY25 result: Company board recommended a final dividend of ₹70 per equity share of face value ₹1 for FY25
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.
The company's flagship brand - Royal Enfield volumes increased by 24 per cent on a YoY basis in Q4FY25 led by strong demand trends in domestic and export markets.
The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.
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Vehicles rolling off the all-women final assembly line at this brand-new facility were delivered to leading players in the rapidly transforming Indian logistics industry
Eicher Motors posted weaker-than-expected Ebitda margin, which contracted 190 basis points (bps) to 24.2 per cent in Q3FY25, from 26.1 per cent a year ago
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
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The total income of Eicher Motors increased by 21 per cent Y-o-Y to Rs 5,208 crore in Q3 FY25
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The sharp rise in Eicher Motors share price was fuelled by healthy auto sales data in January, coupled with robust outlook, analysts said
In one month, Eicher Motors has rallied 9%, as compared to 1.4% in the BSE Auto index, while Bajaj Auto, Hero MotoCorp and TVS Motor Company were down in the range of 4% to 6%.
This marks Eicher's strategic entry into the rapidly growing 2-3.5T segment to ensure its presence in last-mile logistics
Eicher's stock rose more than 8.3 per cent and was the top gainer on the Nifty auto index, which was up about 1 per cent
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For Q2 FY25, VECV's profit after tax stood at Rs 209 crore, as against Rs 187 crore last year
The company said its net profit rose 8.3% year-on-year to Rs 1,100 crore ($130.40 million) in the three months to Sept. 30
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