Eicher Motors Q1 net up 22% at Rs 460 cr

 

File photo of Royal Enfield showroom.

  Commercial vehicles maker Eicher Motors Ltd reported 22% rise in net profit at Rs 460 crore for the quarter ended June 2017 as against Rs 376 crore a year ago.

 

Consolidated total income increased 30% to Rs 2,333 crore as compared to Rs  1,801 crore a year ago.

Eicher Motors total expenses rose 26.89% to Rs 1,680.56 crore as against Rs 1,324.39 crore in the year-ago period.

Shares of Eicher Motors closed 1.91% down at Rs 31,520.55 on BSE.