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Eicher Motors Q1 consolidated net profit up 32%

Wednesday - August 9, 2017 10:52 pm , Category : BUSINESS

Mumbai Aug 9 (IANS) Commercial vehicle manufacturer Eicher Motors on Wednesday reported a rise of 31.9 per cent in its consolidated net profit for the first quarter (Q1) of 2017-18.



The consolidated net profit of the commercial vehicle and motorcycle brand Royal Enfield s manufacturer increased to Rs 435 crore from Rs 330 crore for the corresponding quarter of 2016-17.

According to the company its consolidated total income from operations (net of excise) increased by 28.6 per cent to Rs 2 001 crore as against Rs 1 556 crore for the corresponding quarter last year.

--IANS
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