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Eicher Motors PAT soars 88% in July-Sept

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Press Trust of India New Delhi

Eicher Motors today reported 87.97% jump in profit after tax for the quarter ended September 30 at Rs 120.3 crore.

The company had posted a profit after tax of Rs 64 crore in the corresponding period last year.

Total income from operations during the third quarter also increased by 32.13% to Rs 1,451.3 crore from Rs 1,098.4 crore in the year-ago period, Eicher Motors said in a statement.

"This has been the best ever quarter for Eicher Motors with record high total income from operations... We have maintained our growth curve despite some indications of a slowdown in the industry," Eicher Motors Managing Director and CEO Siddhartha Lal said.

Shares of the company today closed 0.47% down at Rs 1,724.80 apiece on the BSE.

 

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First Published: Nov 09 2011 | 8:44 PM IST

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