Eicher Motors has declared its fourth quarter results.
The organization’s fourth quarter net profit shot up to Rs. 40.2 crore against Rs. 15.8 crore, year-on-year.
In a tete–a-tete with CNBC-TV18, Siddharth Lal, CEO, Eicher Motors, talked about the company’s future plans after the declaration of these results.
On Thursday, shares of Eicher Motors surged over 15% after the commercial vehicles maker’s net profit after marginal interest in the March quarter increased twofold.
Tags: India Share market, India Shares
On Thursday, giant automobiles maker Eicher Motors confirmed that its Indian promoters have purchased its entire 3.18% stake that was earlier held by Mitsubishi Motor Corporation. The financial details of the deal have not been disclosed.
