Thursday, December 5, 2024

Eicher Motors Q2 Results: Net profit rises 8.27% YoY to ₹1,100 crore

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Eicher Motors Q2 Results: Eicher Motors on Wednesday reported a consolidated net profit (attributable to owners of the firm) of 1,100.33 crore for the quarter ended September, 2024 (Q2FY25), which was up by 8.27% over 1,016.25 crore reported by the company in the year-ago period (Q2FY24). Sequentially, the consolidated net profit was marginally down from 1.101.46 crore. On Wednesday, Eicher Motors share price ended 3.15% lower at 4,589.10 apiece on BSE.

The firm’s consolidated revenue from operation for the quarter ended September stood at 4,186.38 crore, which was up by 3.8% from 4,033 crore reported in the corresponding quarter of the previous financial year.

The company reported total expenses of 3,368.55 crore for the quarter ended September, an increase from 3,182.59 crore recorded during the same quarter of the last financial year. This represents a rise of 5.84%.

The manufacturer of Royal Enfield reported an EBITDA of 1,088 crore for the quarter of July to September, compared to 1,087 crore during the same quarter of the last financial year.





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