Eicher Motors disclosed a substantial rise in consolidated net profit for the quarter ended September 2016. During the quarter, the profit of the company rose 45.19% to Rs 4,131.60 million from Rs 2,845.60 million in the same quarter previous year.
Revenues for the quarter rose 34.94% to Rs 19,810.10 million, compared with Rs 14,680 million for the prior year period.
Operating margin for the quarter stood at 27.37 percent as compared to 23.89 percent for the previous year period. Operating Income for the quarter was Rs 5,421.80 million, compared with Rs 3507.4 million in the previous year period.
Earnings per share for the quarter stood at Rs 151.52, registering 45.19% growth over previous year period.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Sep - 16 | Sep - 15 | %Change |
| Revenues | 19,810.10 | 14,680.30 | 34.94 |
| Net Profit | 4,131.60 | 2,845.60 | 45.19 |
| Diluted EPS | 151.52 | 104.36 | 45.19 |
Shares of the company declined Rs 606.6, or 2.47%, to trade at Rs 23,925.00. The total volume of shares traded was 4,971 at the BSE (2.27 p.m., Friday).
