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Eicher Motors reported profit rise of 38 per cent in Q1

On Friday Eicher Motors has reported 38.5 per cent rise in its consolidated net profit at Rs 216 crore for the first quarter ended March 31.

In the previous fiscal the company had posted a net profit of Rs 156 crore during the same period. The company follows January-December financial year.

Eicher Motors in a statement said, Consolidated total income of the company rose to Rs 2,568 crore for the first quarter, up 33.5 per cent, from Rs 1,924 crore for the same period of previous fiscal.

The Managing Director and CEO of Eicher Motors, Siddhartha Lal said that the company has continued its strong run and reported its best ever quarter results.

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