Eicher Motors Q3 results: jumps over the speed breaker of Demonetisation

Bhagyashree Vivarekar / 01 Feb 2017

Eicher Motors Q3 results: jumps over the speed breaker of Demonetisation

The company's PAT of Rs 399.48 crore represented a sequential QoQ increase of 2.99 per cent and a YoY increase of 61.67 per cent.

Eicher Motors Ltd. reported its consolidated results for the quarter ended December 31, 2016 today. 

The company's sales for Q3FY17 were Rs 2071 crore, indicating a 4.54 per cent sequential increase and 42.63 per cent YoY increase.

Its operating profit (EBIT) for the quarter was Rs 542 crore and its EBIT margin was 26.17 per cent.

The company's PAT of Rs 399.48 crore represented a sequential QoQ increase of 2.99 per cent and a YoY increase of 61.67 per cent. 

Eichers Motors Ltd is an Indian company engaged in the manufacture of commercial vehicles. The range of products offered includes fully built up trucks, buses and chassis. The company operates in one segment, automobile products.

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