Eicher Motors Limited announced robust financial results for the third quarter ended December 31, 2025, demonstrating strong operational performance across key metrics. The company's standalone net profit after tax surged 22.1% year-on-year to ₹1,289.99 crores, significantly outpacing the ₹1,056.23 crores recorded in Q3FY25.

Strong Revenue Performance Drives Growth

The company's revenue momentum remained robust during the quarter, with total revenue from operations growing 22.0% to ₹5,987.83 crores compared to ₹4,908.14 crores in the corresponding period last year. Revenue from contracts with customers, the primary revenue stream, increased substantially to ₹5,877.12 crores from ₹4,830.69 crores in Q3FY25.

Profitability Metrics Show Consistent Improvement

The company maintained healthy profitability margins despite inflationary pressures. Profit before tax reached ₹1,667.64 crores in Q3FY26, representing a 23.5% increase from ₹1,350.00 crores in Q3FY25. The effective tax rate remained stable, with total tax expense of ₹377.65 crores compared to ₹293.77 crores in the previous year quarter.

Nine-Month Performance Reflects Sustained Growth

For the nine-month period ended December 31, 2025, Eicher Motors demonstrated consistent performance with net profit increasing 20.6% to ₹3,804.49 crores from ₹3,154.13 crores in the corresponding period of FY25. Revenue from operations for the nine-month period grew 25.9% to ₹16,798.31 crores compared to ₹13,344.86 crores in the previous year.

Consolidated Results Show Enhanced Performance

On a consolidated basis, the company's performance was even more impressive, with net profit after tax reaching ₹1,420.61 crores in Q3FY26, up 21.4% from ₹1,170.50 crores in Q3FY25. Consolidated revenue from operations grew to ₹6,114.04 crores from ₹4,973.12 crores, reflecting strong contributions from subsidiaries and joint ventures.

Exceptional Items and Regulatory Impact

The company recorded an exceptional charge of ₹55.45 crores during Q3FY26 related to the implementation of four New Labour Codes notified by the Government of India on November 21, 2025. This one-time provision was made based on the company's assessment of the impact of these codes, which consolidate 29 existing labour laws.

Operational Highlights and Corporate Actions

During the quarter, the company issued 21,247 equity shares under employee stock option plans, while 1,35,157 shares were issued during the nine-month period. The Nominations and Remunerations Committee approved grants of restricted stock units to eligible employees across the company and its subsidiaries. The company's paid-up equity share capital stood at ₹27.43 crores as of December 31, 2025.

Eicher motors Limited has announced the allotment of equity shares under its employee incentive programs following a board meeting held on February 10, 2026. The decision demonstrates the company's continued commitment to employee participation through equity-based compensation schemes.

Board Meeting Details and Approvals

The Board of Directors convened on February 10, 2026, with the meeting commencing at 10:00 a.m. and concluding at 4:15 p.m. During this session, the board approved the allotment of 14,967 equity shares to eligible employees who exercised their stock options.

Employee Stock Option and RSU Plans

The allotted shares were issued to persons exercising stock options under two distinct employee benefit schemes. The Employees Stock Option Plan, 2006 and the Restricted Stock Units Plan, 2019 serve as key components of the company's employee retention and motivation strategy.

These equity-based compensation programs allow eligible employees to acquire company shares, aligning their interests with long-term organizational growth and performance objectives.

Regulatory Compliance and Communication

Eicher Motors Limited has fulfilled its regulatory obligations by informing both major stock exchanges about this corporate action. The company submitted the required intimation to BSE Limited (Security Code: 505200) and National Stock Exchange of India Ltd (Symbol: EICHERMOT) in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Company Secretary Atul Sharma signed the official communication, ensuring proper documentation and transparency in the allotment process. This regulatory compliance demonstrates the company's adherence to corporate governance standards and investor protection measures.