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09-Aug-2024

Eicher Motors

NP up 19.94%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Eicher Motors has increased 10.20% to Rs 4393.05 crore compared to quarter ended June 2023.  Operating profit margin has jumped from 25.61% to 26.53%, leading to 14.16% rise in operating profit to Rs 1,165.43 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 54.58% to 52.27%.   Purchase of finished goods cost fell from 2.36% to 2.31%.   Employee cost increased from 7.16% to 7.89%.   Other expenses rose from 10.91% to 11.55%.   

Other income rose 15.93% to Rs 281.95 crore.  PBIDT rose 14.50% to Rs 1447.38 crore.  Provision for interest rose 17.64% to Rs 12.27 crore.  

PBDT rose 14.48% to Rs 1435.11 crore.  Provision for depreciation rose 18.53% to Rs 168.63 crore.  

Profit before tax grew 13.96% to Rs 1,266.48 crore.  S...



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