Eicher Motors’s total consolidated income was higher by 29.49% to Rs2,332.67 crore during the first quarter. Photo: BloombergNew Delhi: Commercial vehicles maker Eicher Motors on Wednesday reported a 22.14% rise in consolidated net profit at Rs459.62 crore for the first quarter ended 30 June 2017. The company had posted a net profit of Rs376.29 crore during the April-June quarter a year-ago, Eicher Motors said in a BSE filing. Eicher Motors total expenses rose 26.89% to Rs 1,680.56 crore as against Rs 1,324.39 crore in the year-ago period. Shares of Eicher Motors closed 1.91% down at Rs 31,520.55 on BSE.

Source: Mint August 09, 2017 12:33 UTC