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Eicher Motors reports 6% rise in Q2 consolidated net profit

Eicher Motors has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 1.04% in its net profit at Rs 481.37 crore for the quarter under review as compared to Rs 486.44 crore for the same quarter in the previous year. However, total income of the company increased by 11.90% at Rs 2,499.34 crore for Q2FY19 as compared Rs 2,233.52 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.93% in its net profit at Rs 548.76 crore for the quarter under review as compared to Rs 518.02 crore for the same quarter in the previous year. Total income of the company increased by 11.84% at Rs 2,502.12 crore for Q2FY19 as compared Rs 2,237.24 crore for the corresponding quarter previous year.

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