08 Nov, EOD - Indian

SENSEX 79486.32 (-0.07)

Nifty 50 24148.2 (-0.21)

Nifty Bank 51561.2 (-0.68)

Nifty IT 42050.15 (0.71)

Nifty Midcap 100 56352 (-1.33)

Nifty Next 50 69774.2 (-1.23)

Nifty Pharma 22542.25 (0.07)

Nifty Smallcap 100 18445.6 (-1.70)

08 Nov, EOD - Global

NIKKEI 225 39500.37 (0.30)

HANG SENG 20728.19 (-1.07)

S&P 5995.14 (0.29)


You are Here : Home > Research

14-Feb-2024

Eicher Motors

OPM jumped 305 bps


'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Eicher Motors has increased 12.30% to Rs 4178.84 crore compared to quarter ended Dec 2022.  Operating profit margin has jumped from 23.04% to 26.09%, leading to 27.19% rise in operating profit to Rs 1,090.27 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.02% to 49.86%.   Purchase of finished goods cost rose from 3.12% to 3.35%.   Employee cost increased from 7.15% to 7.54%.   Other expenses rose from 12.09% to 12.70%.   

Other income rose 31.93% to Rs 253.73 crore.  PBIDT rose 28.05% to Rs 1344 crore.  Provision for interest rose 63.98% to Rs 12.43 crore.  

PBDT rose 27.79% to Rs 1331.57 crore.  Provision for depreciation rose 9.42% to Rs 147.54 crore.  

Profit before tax grew 30.52% to Rs 1,184.03 crore. &nb...



Pleaselogin & subscribe to view the full report.

More Reports