Shares of Eicher Motors slipped as much as 3.9 per cent to Rs 21,100 on the BSE on Friday after the company reported a loss of Rs 55 crore in the June quarter of FY21 (Q1FY21). It had posted a profit of Rs 452 crore in the corresponding quarter last year.
The company's revenue from operations in the quarter under review declined to Rs 818 crore from Rs 2,382 crore in Q1FY20.
Earnings before interest, tax, depreciation and amortisation (EBITDA) were at Rs 4 crore in the quarter as compared to Rs 614 crore in the same quarter of previous