Eicher Motors Q1FY19 PAT grows 25 per cent

Eicher Motors reported its results for the quarter ended June 30, 2018 on Thursday after market hours.

The company’s consolidated revenue for the quarter came in at Rs. 2,547.75 crore as against Rs. 2,255 crore in the corresponding quarter last year, registering 13 per cent yoy increase.

EBITDA for the quarter rose by 30.4 per cent yoy to Rs. 809.6 crore as against Rs. 621 crore in the corresponding quarter last year with a margin expansion of 425 bps. EBITDA margin for the quarter stood at 31.8 per cent as against 27.5 per cent in the corresponding quarter last year.

The PAT for the quarter came in at Rs. 576 crore as against Rs. 460 crore in the corresponding quarter last year, yoy increase of 25 per cent.

On Thursday, the stock opened at Rs. 27,790 per share and made an intraday high and low of Rs. 27,999 and Rs. 27,210.10, respectively and finally closed at Rs. 27484.25, on the BSE.