20 Dec, EOD - Indian

SENSEX 78041.59 (-1.49)

Nifty 50 23587.5 (-1.52)

Nifty Bank 50759.2 (-1.58)

Nifty IT 43771.05 (-2.63)

Nifty Midcap 100 56906.75 (-2.82)

Nifty Next 50 68702.65 (-2.72)

Nifty Pharma 22501.85 (-0.86)

Nifty Smallcap 100 18714.3 (-2.19)

20 Dec, EOD - Global

NIKKEI 225 38701.9 (-0.29)

HANG SENG 19720.7 (-0.16)

S&P 6008.5 (1.05)


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