Eicher Motors Q2 Profit Rises 15% To ₹1,573 Crore, Revenue Climbs 20%
Mumba: Eicher Motors reported a 15 percent year-on-year rise in consolidated net profit to Rs 1,573 crore for the July–September quarter of FY27. Revenue from operations rose 20 percent to Rs 7,422 crore from Rs 6,172 crore a year earlier, the company said in an exchange filing on Friday. Costs rise Total expenses climbed 22 percent to Rs 5,947 crore from Rs 4,878 crore a year earlier. The cost…
Mumbai-based Eicher Motors reported a 15% increase in quarterly net profit to ₹1,573 crore and a 20% rise in revenue for the July-September quarter of FY27, according to an exchange filing. The company's total expenses grew by 22% to ₹5,947 crore, while raw material costs rose to ₹4,211 crore from ₹3,377 crore. Employee benefits expenses also increased to ₹506.6 crore from ₹417.9 crore.
Profit before tax, including joint venture contributions, grew by 12% to ₹1,992 crore, with the company's share of profit from VE Commercial Vehicles increasing by 38% to ₹186.1 crore. Diluted earnings per share reached ₹57.23, up from ₹49.85. Compared to the June quarter, operating revenue grew by 12% and net profit increased by 7.6%.
For the half-year period ending September 30, consolidated net profit rose by 18% to ₹3,036 crore, while operating revenue grew by 25% to ₹14,054 crore.
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