Eicher Motors Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Eicher Motors Ltd reported a 14.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.7%.
- Its expenses for the quarter were up by 17.7% QoQ and 22.0% YoY.
- The net profit increased 6.4% QoQ and increased 17.5% YoY.
- The earnings per share (EPS) of Eicher Motors Ltd stood at 42.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 5261.90 | 4616.85 | 4432.57 | 14.0% | 18.7% |
Total Expenses | 3964.59 | 3368.55 | 3248.54 | 17.7% | 22.0% |
Profit Before Tax | 1297.31 | 1248.30 | 1184.03 | 3.9% | 9.6% |
Tax | 290.32 | 261.72 | 301.91 | 10.9% | -3.8% |
Profit After Tax | 1170.50 | 1100.33 | 995.97 | 6.4% | 17.5% |
Earnings Per Share | 42.60 | 40.10 | 36.30 | 6.2% | 17.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Eicher Motors Ltd is a leading player in the Indian automotive industry, known primarily for its production of motorcycles and commercial vehicles. The company is renowned for its iconic motorcycle brand, Royal Enfield, which has a significant market presence both domestically and internationally. Eicher Motors also has a joint venture with Volvo, known as VE Commercial Vehicles, which focuses on manufacturing and selling trucks and buses. In recent years, Eicher Motors has been focusing on expanding its product lineup and enhancing its manufacturing capabilities to cater to growing demand. The company operates in a highly competitive industry characterized by rapid technological advancements and shifting consumer preferences.
Revenue
In the third quarter of the fiscal year 2025, Eicher Motors Ltd reported a total income of ₹5261.90 crores, marking a 14.0% increase from the previous quarter (Q2FY25) and an 18.7% rise year-over-year compared to Q3FY24. This growth in revenue reflects the company's ability to enhance its market share and capitalize on the increased demand for its products. The revenue growth is a critical indicator of the company's operational performance and competitive positioning in the industry. The company's strategic initiatives and product offerings contribute to its robust revenue generation.
Profitability
Eicher Motors Ltd's profitability for Q3FY25 is demonstrated by a profit before tax (PBT) of ₹1297.31 crores, which signifies a quarter-over-quarter growth of 3.9% and a year-over-year increase of 9.6%. After accounting for taxes, the profit after tax (PAT) stood at ₹1170.50 crores, reflecting a 6.4% rise from the previous quarter and a 17.5% increase compared to the same quarter last year. The tax expense for the quarter was ₹290.32 crores, showing a 10.9% increase QoQ but a 3.8% decrease YoY. Earnings per share (EPS) for this period reached ₹42.60, up 6.2% QoQ and 17.4% YoY, indicating steady profitability growth.
Operating Metrics
The total expenses for Eicher Motors Ltd in Q3FY25 amounted to ₹3964.59 crores, which represents a 17.7% increase QoQ and a 22.0% rise YoY. The escalation in expenses may be attributed to various factors, including production costs, raw material prices, and operational expansions. Despite the rise in expenses, the company's ability to maintain and grow its profitability margins is notable. The consistent increase in total income relative to expenses highlights the company's effective cost management strategies. The financial data from this quarter provides insights into the company's operational efficiency and market dynamics.
