Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsEicher Motors Q2 net profit jumps 18.5% YoY to Rs 570.5cr

    Eicher Motors Q2 net profit jumps 18.5% YoY to Rs 570.5cr

    EBITDA fell 25.8 percent to Rs 546.1 crore, while EBITDA margin dipped 550 bps to 25.1 percent.

    Moneycontrol News
    November 08, 2019 / 14:46 IST

    Eicher Motors posted an 18.5 percent year-on-year jump in its second quarter (July-September) net profit at Rs 570.5 crore. Revenue fell 9.2 percent to Rs 2,181.9 crore.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 25.8 percent to Rs 546.1 crore, while EBITDA margin dipped 550 bps to 25.1 percent.

    Other income stood at Rs 145 crore versus Rs 95.3 crore. Tax expense in Q2 stood at Rs 28.8 crore versus Rs 260 crore YoY.

    At 14:39 hours, Eicher Motors was quoting Rs 21,827.00, up Rs 396.40, or 1.85 percent, on the BSE.

    Moneycontrol News
    first published: Nov 8, 2019 02:46 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347