Ayesha Motors misses profit estimate by 50% as costs rise | Tech Reddy

Ayesha Motors misses profit estimate by 50% as costs rise

 | Tech Reddy

[ad_1] The company’s net profit rose 76% year over year to $80.41 million in Q2. Bangalore: Isher Motors Ltd fell short of analysts’ estimates for quarterly profit on Thursday as costs at the Royal Enfield motorcycle maker rose 50%. The company’s consolidated net profit rose 76% year-on-year to 6.57 billion Indian rupees ($80.41 million) in … Read more