Eicher Motors Q3 Results: Net profit jumps 18% YoY to ₹1,170 crore, revenue rises 19% | Stock Market News
Source: Live Mint
Eicher Motors Q3 Results: Eicher Motors Limited announced its October to December quarter results on Monday, February 10. The company recorded an 18 per cent rise in net profit to ₹1,170 crore for the third quarter, compared to ₹995.97 crore in the same quarter the previous financial year.
The automakers’ revenue from operations rose 19 per cent to ₹4,888 crore in the October to December quarter of the financial year 2024-25, compared to ₹4,116 crore in the same quarter the previous year.
Eicher Motors is involved in manufacturing Royal Enfield motorcycles, along with other vehicles under the trucks and buses.
The Royal Enfield-makers’ expenses for the third quarter jumped 22 per cent to ₹3,965 crore, compared year-on-year with ₹3,249 crore in the same period a year ago.
“With a strong and diverse product portfolio, we are well on track to meet the evolving needs of riders across the world. Even as the commercial vehicle industry remained sluggish, VE Commercial Vehicles grew volumes quarter-on-quarter with strengthened market share in all segments. With this momentum across both motorcycle and commercial vehicle businesses, we are confident of continued success in the future as well,” said Siddhartha Lal, managing director of Eicher Motors.
Eicher Motors Share Price
Eicher Motors Ltd shares closed 1.16 per cent lower at ₹5,310.70 after Monday’s trading session, compared to ₹5,372.80 at the previous stock market close. The company announced its results after the market operating hours on February 10.
Shares hit their 52-week high level at ₹5,551.75 on February 4, 2025, while the 52-week low level was at ₹3,675 on March 19, 2024, according to data collected from the BSE website. The company’s market capitalisation was ₹1,45,583.53 crore as of the market close on February 10.
Eicher Motors shares have given investors 185 per cent returns on their investment in the last five years and 37.60 per cent returns in the last one-year period. The stock has gained 9.06 per cent on a year-on-date (YTD) basis.
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