Eicher Motors’ bottom line rose by nearly a fifth in the fiscal fourth quarter, as earnings from its motorcycle business surged.
Consolidated net profit of the company rose 18.20% over the previous year to Rs 1,070.45 crore in the three months ended March 31, 2024, on the back of revenue that increased 11.84% to Rs 4,173.35 crore. Analysts polled by Bloomberg had estimated the top line at Rs 4,226.80 crore and the bottom line at Rs 1,068.19 crore.