Eicher net up at Rs 518 crore in Q2
Eicher Motors Limited on Tuesday reported a 25.4% increase in net profit at Rs 518 crore for the second quarter ended Sep 30, 2017.
The company had posted net profit of Rs 413 crore in the corresponding period of the last financial year.
Total income from operations (net of excise duty) went up 23.5% to Rs 2167 crore in the quarter under review.
VE Commercial Vehicles sold 15017 units in the quarter, which is a growth of 13% over 13408 units sold in the year-ago period.
Royal Enfield posted its best ever performance in the second quarter to sell 202,744 motorcycles, registering a growth of 21.7%, as compared to 166,582 motorcycles sold in the same period last year.
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Via:: Economic Times – Stocks