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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (9116)10/28/1999 9:57:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Eicher Motors witnesses roaring growth-Net up 90%,sales up 33%

eicherworld.com

Eicher Motors' 2QFY2000 results have witnessed 90% net profit growth to Rs 41.4 m. Its gross sales have appreciated by 32.6% to Rs 882.5 m.

Eicher Motors has presence in the tractors segment - 7% market share in August 1999 and the light commercial vehicle (LCV) segment - 11% share.

The company's 1HFY2000 sales add up to 2,875 units (up 28% year on year). The company's 1HFY2000 profit has improved by 201% to Rs 45.8 m.

October 28, 1999
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