Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher Group in India and a leading player in the Indian automobile industry and the global leader in middleweight motorcycles.
Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus operations, auto components business, and technical consulting services business
Financial Results:
Eicher Motors Ltd reported Revenues for Q2FY25 of ₹4,263.00 Crores up from ₹4,115.00 Crore year on year, a rise of 3.6%.
Total Expenses for Q2FY25 of ₹3,368.00 Crores up from ₹3,183.00 Crores year on year, a rise of 5.81%.
Consolidated Net Profit of ₹1,100.00 Crores up 8.27% from ₹1,016.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹40.15, up 8.16% from ₹37.12 in the same quarter of the previous year.