Eicher Motors Q3 Results: Profit Rises 18%, Meets Estimates

Eicher Motors Ltd.'s consolidated net profit increased 18% in the third quarter of the current financial year, meeting analysts' estimates.

The company posted a profit of Rs 1,170.5 crore in the quarter ended Dec. 31, 2024, according to an exchange filing on Monday. Analysts tracked by Bloomberg had estimated a profit of Rs 1,198.5 crore.

• Revenue up 19% to Rs 4,973.1 crore (Bloomberg estimate: Rs 5,075.2 crore).

• Ebitda up 10% to Rs 1,201.2 crore (Estimate: Rs 1,340.2 crore).

• Ebitda margin expands to 24.2% vs 26.1% (Estimate: 26.40%).

• Net profit up 18% to Rs 1,170.5 crore (Estimate: Rs 1,198.5 crore).

Shares of Eicher Motors closed 0.83% lower at Rs 5,327.80 apiece on the NSE, compared to a 0.76% decline in the benchmark Nifty.