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AlphaStreet Analysis

Eicher Motors Q2FY23; Stellar 76% Growth in Profits

Eicher Motors Ltd‘s net sales in Q2FY23 rose 56% to ₹ 3,519 crores. Consolidated Profit came at ₹ 657 crores showcasing a 76% rise YoY over the corresponding period.

In this quarter’s press release, the reports suggested that the firm has observed a rise in profits and managed to gain market share in the Heavy Duty Trucks and Buses Segment.

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