Eicher Motors on Thursday reported a consolidated net profit of Rs 1,101.46 crore for the quarter ended June 30, 2024, which was up by 20% over Rs 918.34 crore reported by the company in the year-ago period.
It was above the ET Now poll of Rs 1,031 crore.
The two-wheeler manufacturer’s total revenue from operations stood at Rs 4,393 crore for the reported quarter, higher by 10% versus Rs 3,986.37 crore posted in the corresponding quarter of the previous financial year. The revenue figures were also above Street estimates of Rs 4,268 crore.
The company incurred total expenditure of Rs 3,409 crore in the reported quarter, up from Rs 3,118 crore posted in the corresponding quarter of the previous financial year. It was up by 9%.
