Shares of Eicher Motors increased by 4% on Q1 results as earnings surpassed estimates.
Eicher Motors released its Q1 results on Thursday after market hours. From ₹918 crore in the same period last year to ₹1,101 crore in Q1FY25, their net profit climbed by 20%. For the first quarter of the current fiscal year, the commercial vehicle manufacturer’s revenue from operations increased by 10.2% to ₹4,393 crore.
Eicher Motors reported its greatest ever quarterly Ebitda and net profit.
Eicher Motor’s Ebitda climbed 14.2% to ₹1,165.5 crore in the June quarter from ₹1,021 crore in the same period previous year. Compared to the same period last year, the margin increased by 26.5% as opposed to 25.6%.
As of 10:15 am, Eicher Motors shares were trading 4.14% higher at Rs 4,766.40 on the NSE.
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