Eicher Motors PAT soars 88%

The company had posted a profit after tax of Rs 64 crore in the corresponding period last year.

Eicher Motors today reported 87.97 per cent jump in profit after tax for the quarter ended September 30 at Rs 120.3 crore.

The company had posted a profit after tax of Rs 64 crore in the corresponding period last year. Total income from operations during the third quarter also increased by 32.13 per cent to Rs 1,451.3 crore from Rs 1,098.4 crore in the year-ago period,Eicher Motors said in a statement.

“This has been the best ever quarter for Eicher Motors with record high total income from operations… We have maintained our growth curve despite some indications of a slowdown in the industry,” Eicher Motors Managing Director and CEO Siddhartha Lal said. Shares of the company today closed 0.47 per cent down at Rs 1,724.80 apiece on the BSE.

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A controversial decision-making process has set off divisions within the CBFC, and cast a long regulatory shadow on the Indian film industry as it aspires to be a global player . The Indian Express spoke to several top filmmakers and board members to find that a not-so-silent storm is brewing within the fraternity — and inside the CBFC, too — over what many call a “one-man show”.

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