Eicher Motors reports 16% rise in Q4 consolidated net profit
14th May 2022

Eicher Motors has reported results for fourth quarter and year ended March 31, 2022.

The company has reported rise of 18.22% in its net profit at Rs 553.38 crore for the quarter under review as compared to Rs 468.08 crore for the same quarter in the previous year. Total income of the company increased by 8.98% at Rs 3307.96 crore for Q4FY22 as compared Rs 3035.32 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 15.97% in its net profit at Rs 610.14 crore for the quarter under review as compared to Rs 526.14 crore for the same quarter in the previous year. Total income of the company increased by 8.42% at Rs 3311.34 crore for Q4FY22 as compared Rs 3054.27 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 19.29% in its net profit at Rs 1586.22 crore as compared to Rs 1329.70 crore for the previous year. Total income of the company increased by 16.60% at Rs 10577.14 crore for year under review as compared to Rs 9071.07 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 24.48% in its net profit at Rs 1676.60 crore as compared to Rs 1346.89 crore for the previous year. Total income of the company increased by 17.06% at Rs 10738.65 crore for year under review as compared to Rs 9173.54 crore for year ended March 31, 2021.