Nov 14, 07:59 AM

Eicher Motors Q2 Profit Rises 8.3% to ₹1,100.3 Crore, Revenue at ₹4,263.1 Crore; Analysts Set Target Prices at ₹5,350 and ₹5,400

Eicher Motors reported an 8.3% increase in net profit for the second quarter of the financial year 2025, reaching ₹1,100.3 crore, compared to ₹1,016.3 crore in the same period last year. The company's revenue also rose by 3.6% to ₹4,263.1 crore, up from ₹4,114.5 crore. Despite a slight decline in EBITDA margin to 25.5%, analysts remain optimistic about Eicher Motors' growth prospects. Brokerages such as Citi and Goldman Sachs have maintained their buy ratings, with target prices set at ₹5,350 and ₹5,400, respectively. The stock surged nearly 8% in response to the earnings report, reflecting positive market sentiment and a belief that the company is moving past its 'toughest phase.'

#Eicher Motors #Citi #Goldman Sachs

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