Eicher Motors’ Q1 consolidated net profit up 32%

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Mumbai, Aug 9 (IANS) Commercial vehicle manufacturer Eicher Motors on Wednesday reported a rise of 31.9 per cent in its consolidated net profit for the first quarter (Q1) of 2017-18.

The consolidated net profit of the commercial vehicle and motorcycle brand Royal Enfield’s manufacturer increased to Rs 435 crore from Rs 330 crore for the corresponding quarter of 2016-17.

According to the company, its consolidated total income from operations (net of excise) increased by 28.6 per cent to Rs 2,001 crore as against Rs 1,556 crore for the corresponding quarter last year.

–IANS

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