Eicher Motors jumps on reporting 16% rise in Q4 consolidated net profit
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Eicher Motors is currently trading at Rs. 2548.10, up by 112.10 points or 4.60% from its previous closing of Rs. 2436.00 on the BSE.
The scrip opened at Rs. 2503.00 and has touched a high and low of Rs. 2571.85 and Rs. 2496.70 respectively. So far 20634 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2995.35 on 27-Sep-2021 and a 52 week low of Rs. 2110.00 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 2571.85 and Rs. 2311.10 respectively. The current market cap of the company is Rs. 66607.27 crore.
The promoters holding in the company stood at 49.21%, while Institutions and Non-Institutions held 39.27% and 11.52% respectively.
Eicher Motors has reported rise of 18.22% in its net profit at Rs 553.38 crore for the quarter ended March 31, 2022 as compared to Rs 468.08 crore for the same quarter in the previous year. Total income of the company increased by 8.98% at Rs 3307.96 crore for Q4FY22 as compared Rs 3035.32 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 15.97% in its net profit at Rs 610.14 crore for the quarter under review as compared to Rs 526.14 crore for the same quarter in the previous year. Total income of the company increased by 8.42% at Rs 3311.34 crore for Q4FY22 as compared Rs 3054.27 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 19.29% in its net profit at Rs 1586.22 crore as compared to Rs 1329.70 crore for the previous year. Total income of the company increased by 16.60% at Rs 10577.14 crore for year under review as compared to Rs 9071.07 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 24.48% in its net profit at Rs 1676.60 crore as compared to Rs 1346.89 crore for the previous year. Total income of the company increased by 17.06% at Rs 10738.65 crore for year under review as compared to Rs 9173.54 crore for year ended March 31, 2021.
