Eicher Motors reported that its consolidated profit after tax for the first quarter of 2012 increased 33.3% to INR1.63bn (US$30m) compared to INR1.23bn in 2011.

According to the Economic Times operating prfot for the quarter grew 21.7% to INR16.95bn.

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The company’s truck and bus division reported unit sales growth of 13.5% to 14,195 vehicles in the first quarter.

Eicher Motors managing director and CEO Siddhartha Lal said: “We have registered the best ever quarterly total income from operations in Q1 2012… We continue to focus on strategic initiatives that have resulted in effective cost management, improved operational parameters and a differentiated pipeline of products.”

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