Eicher Motors PAT soars 88pc in September quarter

Nov 09, 2011 |

New Delhi

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Eicher Motors on Wednesday reported 87.97 per cent jump in profit after tax (PAT) for the quarter ended September 30 at Rs120.3 crore.

The company had posted a profit after tax of Rs64 crore in the corresponding period last year.

Total income from operations during the third quarter also increased by 32.13 per cent to Rs1,451.3 crore from Rs1,098.4 crore in the year-ago period, Eicher Motors said in a statement.

"This has been the best ever quarter for Eicher Motors with record high total income from operations... We have maintained our growth curve despite some indications of a slowdown in the industry," Eicher Motors Managing Director and CEO Siddhartha Lal said.

Shares of the company today closed 0.47 per cent down at Rs1,724.80 apiece on the BSE.

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