Eicher Motors said a substantial rise in net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 42.05% to Rs 1,391.20 million from Rs 979.40 million in the same quarter last year.
Net sales for the quarter rose 11.59% to Rs 19,242.20 million, compared with Rs 17,243 million for the prior year period.
Earnings per share for the quarter stood at Rs 51.16, registering 41.95% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 19,242.20 | 17,243.30 | 11.59 |
| Net Profit | 1,391.20 | 979.40 | 42.05 |
| Basic EPS | 51.16 | 36.04 | 41.95 |
Shares of the company gained Rs 37.25, or 0.57%, to trade at Rs 6,530.00. The total volume of shares traded was 9,772 at the BSE (3.10 p.m., Friday).
