India's Eicher Motors Q3 net profit up 79 pct yr/yr

Newswire

NEW DELHI, Jan 28 (Reuters) - Eicher Motors Ltd , India's second-biggest light truck maker, reported on Tuesday its third quarter net profit jumped 79 percent as an industry boom boosted sales volumes by 33 percent. The New Delhi-based firm said in a statement net profit in October-December rose to 104.8 million rupees ($2.19 million) from 58.7 million in the year-ago period. Gross sales grew 32 percent to 1.72 billion rupees from 1.31 billion in the year-ago quarter. "The strong ...

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