Eicher Motors Q1 Results: Profit jumps 158% YoY to Rs 611 crore, meets estimates

NEW DELHI: Eicher Motors on Wednesday reported a 157.52 per cent year-on-year (YoY) rise in consolidated net profit at Rs 610.66 crore compared with Rs 237.13 crore in the same quarter last year.

The profit figure came in line with the ET NOW analyst poll estimate of Rs 612.80 crore.

For the quarter, the consolidated revenue from operation rose 71.18 per cent YoY to Rs 3,325.80 crore from Rs 1,942.84 crore in the corresponding quarter last year.


ET NOW poll had estimated sales figure at Rs 3,228 crore. Ebitda for the quarter came in at Rs 831 crore, higher than ET NOW poll estimate of Rs 743.25 crore.

Ebitda margin at 24.4 per cent was also higher than the poll estimate of 23 per cent.