Eicher Motors Q4 Results: Net profit tops estimates on strong sales; Margins contract
Published on 14/05/2025 05:12 PM
Eicher Motors Q4 Results: Net profit tops estimates on strong sales; Margins contractConsolidated net profit for the quarter ended March rose to ₹1,362 crore from ₹1,071 crore a year earlier, exceeding a CNBC-TV18 poll estimate of ₹1,197 crore.By Poonam Behura May 14, 2025, 5:12:27 PM IST (Updated)2 Min ReadEicher Motors on Wednesday reported a 27.2% year-on-year rise in fourth-quarter profit, beating market estimates, helped by higher-priced motorcycles and elevated export volumes, even as margins narrowed.
Consolidated net profit for the quarter ended March rose to ₹1,362 crore from ₹1,071 crore a year earlier, exceeding a CNBC-TV18 poll estimate of ₹1,197 crore.
Revenue grew 23.1% to ₹5,241 crore, above the expected ₹5,021 crore. However, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 11.4% to ₹1,258 crore, slightly below the estimated ₹1,285 crore.
Sales of motorcycles with engine capacities above 350cc — including the Himalayan — rose nearly 42% in the March quarter, up from 20.4% growth a year earlier, reflecting increased demand in the premium segment. These higher-priced models, starting at around ₹2.5 lakh, accounted for 13.8% of total sales, compared to 12.1% a year ago.
Exports grew over 42% year-on-year, contributing 11.6% to total sales, as the company expanded its footprint into new markets such as Bangladesh, while the Americas remained its largest overseas market.
Meanwhile, total expenses rose 27% to ₹4,200 crore, with raw material and component costs — comprising over half of the total — increasing 24% during the quarter.
Rival Bajaj Auto is yet to release its quarterly results, while Hero MotoCorp missed profit estimates earlier this week.
Eicher Motor's operating margin came in at 24% for the three months, down from 26.5% a year earlier and below the poll estimate of 25.6%.
The company recommended a final dividend of ₹70 per share for the financial year.Continue ReadingFirst Published: May 14, 2025 4:42 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsEicher Motorsshare market today