Eicher Motors Q3 net profit up 55 per cent at Rs 255 crore

Eicher Motors on Friday reported a 54.79 per cent rise in consolidated net profit at Rs 255.46 crore for the third quarter ended September 30, on the back of robust sales growth across various segments.

The company had posted a net profit of Rs 165.03 crore for the same period previous fiscal.

"Net sales of the company rose to Rs 3,074.35 crore for the third quarter compared with Rs 2,251.25 crore in the same period of previous fiscal," Eicher Motors said in a regulatory filing.

The company follows a January-December financial year.

Eicher Motors shares closed at Rs 16692.75, down 6.65 per cent on BSE on Friday.