Revenue from operations rose to Rs 3,397 crore within the April-June duration.
New Delhi:
Shares of Eicher Motors jumped over 3 according to cent to hit a 52-week top in morning business on Thursday after the corporate posted robust income for the quarter ended June 30.
On BSE, the inventory opened robust at Rs 3,249 and won additional flooring to the touch its 52-week top degree of Rs 3,260.85, registering a upward push of three.36 according to cent over its earlier remaining worth.
On the NSE the inventory opened at Rs 3,256.00, then climbed to Rs 3,219.00, up 2.04 according to cent over its remaining shut.
Eicher Motors on Wednesday reported over two-fold build up in consolidated web benefit to Rs 611 crore for the primary quarter ended June 30, pushed via tough gross sales within the global markets.
The corporate had posted a web benefit of Rs 237 crore within the June quarter of the remaining fiscal.
Revenue from operations rose to Rs 3,397 crore within the April-June duration in comparison to Rs 1,974 crore within the year-ago duration, Eicher Motors mentioned in a regulatory submitting.
“Our global volumes persevered to file constant enlargement with greater than 60 according to cent build up as in comparison to the former yr. We have registered the easiest ever quarterly revenues and EBITDA at the again of file global gross sales volumes,” Eicher Managing Director Siddhartha Lal famous.
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