Results for the quarter and year ended March 31, 2026
EICHERMOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eicher Motors reported strong full-year results for FY26 with standalone revenue from operations of ₹22,699.73 crore, up 23% from ₹18,451.46 crore in FY25. Standalone profit after tax grew 17.8% to ₹5,040.82 crore versus ₹4,279.26 crore, while basic EPS improved to ₹183.79 from ₹156.15. The Board declared a final dividend of ₹82 per share (vs ₹70 last year), totalling approximately ₹2,249 crore, subject to shareholder approval. Statutory auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion on both standalone and consolidated results. An exceptional charge of ₹55.45 crore was recorded in Q4 standalone results due to a provision for new Indian Labour Codes (consolidating 29 existing laws), classified as a non-recurring item. The consolidated results include the group's share of profit from joint venture VE Commercial Vehicles at ₹797.81 crore for FY26.
The 23% revenue growth is positive, but PAT growth of ~18% missed a stronger performance bar. The clean audit opinion removes any uncertainty overhang. The ₹82 dividend signals management confidence, and the exceptional labour code charge is non-recurring, so underlying earnings quality remains solid.