Eicher Motors reports consolidated net loss of Rs 55 crore in Q1
14th Aug 2020

Eicher Motors has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 97.53% in its net profit at Rs 12.30 crore for the quarter under review as compared to Rs 498.24 crore for the same quarter in the previous year. Total income of the company decreased by 65.19% at Rs 884.47 crore for Q1FY21 as compared Rs 2540.94 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributed to owner at Rs 55.18 crore for the quarter under review against net profit of Rs 451.77 crore for the same quarter in the previous year. Total income of the company decreased by 62.74% at Rs 932.39 crore for Q1FY21 as compared Rs 2502.32 crore for the corresponding quarter previous year.