Net profit of VECV FY 2019-2023

Published by
Shangliao Sun,
Sep 26, 2023
In financial year 2023, the net profit of VE Commercial Vehicles (VECV) reached 5.8 billion Indian rupees. It was a huge increase in comparison with the previous year. VECV is a joint venture between the Volvo Group and Eicher Motors Limited.

Net profit of VE Commercial Vehicles from financial year 2019 to 2023 (in billion Indian rupees)

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Release date

July 2023

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of Sept. 2023).

Values have been rounded for clarity.

Previous reports have been accessed for historical data.

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