ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Stock Market Outlook: Our dependence on US market limited now, next 10-15 years belong to India, says Anil Singhvi | Here's why
  • Toyota Hyryder Unveiled: Toyota India unveils new self-charging hybrid electric SUV in India; check details
  • Virtual Digital Assets: VDAs to attract 1% TDS from today; know what CBDT says about new norms
  • Gold Price Today: Yellow metal surges by over Rs 1000 as excise duty hiked to 12.5% - check gold rate in your city
  • Monsoon session of Parliament to begin on July 18; to end on August 12
Read in App
Business News » Companies News

Eicher Motors Q4 profit after tax up 18% at Rs 545 cr; Check other details

During the period under review, the maker of niche Royal Enfield bikes sold 1,97,567 units, down 13 per cent from 2,26,907 in the same period last year.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Eicher Motors Q4 profit after tax up 18% at Rs 545 cr; Check other details
At Royal Enfield, the company recorded flat sales volume after several years of augmented sales growth. Image source: Reuters

Eicher Motors Friday registered a 18.05 per cent rise in consolidated net profit after tax to Rs 544.84 crore for March 2019 quarter. The company had reported a net profit after tax of Rs 461.53 crore in the year-ago period. Total revenue from operations for the quarter stood at Rs 2,500.08 crore as against Rs 2,528.01 crore in the same period of 2017-18, Eicher Motors said in a regulatory filing.

During the period under review, the maker of niche Royal Enfield bikes sold 1,97,567 units, down 13 per cent from 2,26,907 in the same period last year. For 2018-19, the company posted a net profit after tax at Rs 2,202.73 crore as compared to Rs 1,959.67 crore in 2017-18.

Total revenue for 2018-19 was Rs 9,797.06 crore as against Rs 9,219.26 crore a year ago. "The latter half of 2018 was a challenging period for the two-wheeler industry in India with factors such as revision in insurance cost, increase in prices on account of new safety norms, affected consumer sentiment," Eicher Motors MD Siddhartha Lal said.

At Royal Enfield, the company recorded flat sales volume after several years of augmented sales growth, he added.

"Despite a challenging fourth quarter, the trend of premiumisation continues to show significant potential. We believe challenges are an opportunity to introspect and better ourselves," Lal said.

The company sold 8,22,724 Royal Enfield units during 2018-19, a marginal growth over 8,20,121 units in 2017-18.
The company's board recommended a dividend of Rs 125 per share of face value of Rs 10 each (1,250 per cent) for the year ended March 31, 2019.

Eicher shares Friday ended 0.23 per cent up at Rs 20,329.25 on the BSE. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Eicher Motors
Written By: PTI
Updated: Fri, May 10, 2019
07:58 pm
New Delhi, PTI
RELATED NEWS
Eicher Motors share price: Stock top Nifty gainer, jumps over 6% intraday after healthy Q4 results – brokerages see up to 22% upside Eicher Motors share price: Stock top Nifty gainer, jumps over 6% intraday after healthy Q4 results – brokerages see up to 22% upside
Q4 Results 2022: Eicher Motors net up 16%; REC, Bandhan Bank PAT rises too; here are key highlights Q4 Results 2022: Eicher Motors net up 16%; REC, Bandhan Bank PAT rises too; here are key highlights
Stocks to Buy with Anil Singhvi: Last leg of correction in markets, says Sanjiv Bhasin; analyst picks HCL Tech, Cummins, Hindustan Copper for high  returns Stocks to Buy with Anil Singhvi: Last leg of correction in markets, says Sanjiv Bhasin; analyst picks HCL Tech, Cummins, Hindustan Copper for high returns
Buy, Sell or Hold: What should investors do with Eicher Motors, Hindalco, Narayana Hrudayalaya? Buy, Sell or Hold: What should investors do with Eicher Motors, Hindalco, Narayana Hrudayalaya?
Global brokerage firms raise target price on Eicher Motors post Q2 results; sees over 20% upside Global brokerage firms raise target price on Eicher Motors post Q2 results; sees over 20% upside

LATEST NEWS

Closing Bell: Nifty, Sensex pare losses to end flat; oil & gas biggest loser, FMCG top gainer

Toyota Hyryder Unveiled: Toyota India unveils new self-charging hybrid electric SUV in India; check details

Oil India Limited completes beta demo of hydrogen powered bus developed under its Startup programme SNEH

LPG Cylinder Price: 19-kg commercial cylinder gets cheaper by nearly Rs 200; check rates in other Metro cities

Petroleum products exporters ONGC, RIL, MRPL, Vedanta shares fall after government imposes cess on diesel, petrol; know what is triggering correction

Maruti Suzuki, Ashok Leyland: What makes brokerages bullish on these auto stocks?

Buy, Sell or Hold: What should investors do with Delta Corp, Dhani Services and Amber Enterprises?

Xiaomi 12S Ultra confirmed to launch with Sony IMX989 sensor ahead of launch on July 4

Anil Singhvi Strategy on July 1: Support Zone on Nifty is 15675-15725, Bank Nifty is 33100-33200

Stock Market Outlook: Our dependence on US market limited now, next 10-15 years belong to India, says Anil Singhvi | Here's why

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV