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Eicher Motors Share Price News: Eicher Motors Q4 Earnings: Eicher Motors Shares Gain After March Quarter Profit Rises 73%


Eicher Motors Shares Gain After March Quarter Profit Rises 73%
Eicher Motors shares rose as much 4% to hit an intraday high of Rs 2,709.20 a day after it reported its March quarter earnings.
Updated: May 28, 2021 12:22 pm IST
For the year ended March 31, 2021, Eicher Motors recorded total revenue from operations at Rs 8,720 crore
Shares of Royal Enfield motorcycle maker - Eicher Motors - rose as much 4 per cent to hit an intraday high of Rs 2,709.20 a day after it reported its March quarter earnings. Eicher Motors net profit in March quarter jumped 73 per cent to Rs 526 crore from Rs 304 crore during the same period last year. During the quarter, Eicher Motors revenue from operations advanced 33 per cent to an all-time high of Rs 2,940 crore versus Rs 2,208 crore during the corresponding period a year ago. Its EBITDA (earnings before interest, tax, depreciation and amortization) also known as operating profit came in at Rs 634 crore. ....

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