Eicher Motors Announces Rs 110 Dividend Per Share, Q4 Net Profit Flat At Rs 461 Crore

In its board meeting on Wednesday, the two-wheeler maker Eicher Motors announced Rs 110 dividend on a share of Rs 10, giving a dividend of 1,100%. The net profit of Eicher Motors remained flat at Rs 461.53 crore in the fourth quarter of 2018 against Rs 459 crore in the fourth quarter of 2017. The company issued and allotted 10,085 equity shares of face value of Rs 10 each of the company to persons exercising options pursuant to emplo...