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Eicher Motors Q3 Net Up 54 Per Cent at Rs 165 Crore
13 Nov 2014, 01:01 AM IST
New Delhi: Eicher Motors on Wednesday posted a 53.61 per cent increase in consolidated net profit at Rs 165.03 crore for the third quarter that ended on September 30, 2014.
The company had registered a net profit of Rs 107.43 crore for the corresponding quarter a year ago.
Net sales rose to Rs 2,251.25 crore during the quarter under review as against Rs 1,661.64 crore in the year-ago period, Eicher Motors said in a filing to the BSE.
The company follows January-December cycle as financial year.
Shares in Eicher, on Wednesday, ended at Rs 13,158.70 apiece on the BSE, up 1.28 per cent from the previous close.
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