Eicher Motors’ shares fell 5% after the company reported its Q3 FY25 results, which missed analyst estimates. As of 9:15 AM, the shares were trading 4.82% down at Rs 5,078.00.
Despite posting a 17.5% year-on-year (YoY) rise in net profit to ₹1,170.5 crore, the figure was below the CNBC-TV18 poll estimate of ₹1,191 crore.
Revenue growth remained strong, rising 19% YoY to ₹4,973 crore, compared to ₹4,179 crore in Q3 FY24. However, this too fell short of the estimated ₹5,042 crore, indicating a slight miss on top-line performance.
On the operational front, EBITDA grew 10.2% YoY to ₹1,201 crore from ₹1,090 crore. However, the EBITDA margin declined to 24.2% from 26.1% last year, missing expectations of 25.6%.
Eicher Motors, the parent company of Royal Enfield, continues to witness strong demand for its premium motorcycles, both in domestic and international markets. However, margin pressures and revenue shortfalls weighed on investor sentiment, leading to a stock decline.
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