Eicher Motors Ltd on Wednesday reported 8% growth in its standalone net profit at Rs 1,010 crore in the quarter ended September 2024. The same stood at Rs 938 crore in the last year quarter.
Revenue from operations in the reporting period rose 7% year-on-year (YoY) to Rs 4,205 crore.
On a consolidated basis, the company reported a PAT growth of 8% YoY at Rs 1100 crore, while revenues were up 4% YoY to Rs 4,263 crore.
Consolidated EBITDA during the second quarter stood at Rs 1088 crore, which was flat compared with previous year period. Margins, meanwhile, declined to 25.5%.
During the quarter, Royal Enfield recorded sales of 2.25 lakh motorcycles as compared to 2.29 lakh units sold during the same period in FY24.
ETMarkets.com
ETMarkets.com
