Eicher Motors reports 18% Q4 net profit increase to Rs 1,070 crore, driven by higher sales.
Eicher Motors reports 18% increase in Q4 net profit to Rs 1,070 crore, driven by higher sales; total revenue rose 12% to Rs 4,256 crore in Q1 FY24. Royal Enfield, the two-wheeler division, sold 2,27,925 motorcycles in Q4, a 6% increase from the previous year. Eicher Motors' revenue from operations increased 14.5% to Rs 16,536 crore, and the company declared a final dividend of Rs 51 per share for FY 2023-24.
May 11, 2024
3 Articles