Eicher Motors jumps as CV sales climbs 7% YoY in July'25
Domestic sales increased by 6.1% to 6,410 units and total exports surged 32.5% to 530 units in July 2025 over July 2024.
Further, the companys monthly motorcycle sales in July 2025 stood at 88,045 units, which is higher by 31% compared with 67,265 units in the same month a year ago.
Sales of motorcycle models with engine capacity up to 350 cc jumped 34% to 76,047 units, and sales of motorcycle models with engine capacity exceeding 350 cc surged 12% to 11,998 units in July 2025 over July 2024.
The international business recorded sales of 11,791 units in July 25, up by 95% compared with 6,057 units sold in the same period last year.
Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space.
The companys consolidated net profit jumped 9.42% to Rs 1,205.22 crore in Q1 FY26 as against Rs 1,101.4 crore posted in Q1 FY25. Total revenue from operations rose 14.76% year on year to Rs 5,041.84 crore in the quarter ended 30 June 2025.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
12 minutes ago
- India.com
ITR Filing 2025: Do Students And Unemployed Need To File Income Tax Returns in 2025?
New Delhi: Income Tax Return (ITR) filing in India depends mainly on your annual income and age. For individuals under 60 years old, it is generally required to file an ITR if your income exceeds Rs 2.5 lakh under the old tax regime or Rs 3 lakh under the new tax regime. However, unemployed individuals and students are not obligated to file if their income stays below these limits. Even when not mandatory, filing an ITR is advisable for several reasons. It creates a government-backed digital record of your income, which can be useful when applying for loans, credit cards, jobs, or visas. Filing returns also allows you to claim refunds if excess tax has been deducted or paid in advance. Moreover, important financial transactions, such as deposits over Rs 50 lakh in a savings account, require ITR proof to comply with tax scrutiny. Additionally, filing returns is essential if you want to carry forward capital losses, such as short-term capital losses, which can be offset against future gains for up to eight assessment years, reducing your tax burden in subsequent years. For the assessment year 2025-26, the last date to file an ITR without penalty has been extended to September 15, 2025. If you miss this, you can still file a belated return until December 31, 2025, but a nominal penalty applies—Rs 5,000 if your income exceeds Rs 5 lakh, and Rs 1,000 if it is lower. The Income Tax Department offers various ITR forms depending on your income sources, like ITR-1 and ITR-2, and form ITR-3 for those earning from business or professions along with other income such as salary or capital gains. Filing your ITR is also beneficial for building a clean financial record, which is important for obtaining personal loans, credit cards, and traveling internationally. For students, maintaining a good tax record can ease admission processes in top global institutions, help secure education loans, and qualify for scholarships. The filing process is straightforward, requiring basic documents such as PAN, Aadhaar card, and bank statements.
New Indian Express
12 minutes ago
- New Indian Express
CM Stalin inaugurates Vietnam automaker VinFast's e-vehicle manufacturing plant in Thoothukudi
THOOTHUKUDI: Chief Minister MK Stalin on Monday inaugurated the e-vehicle major VinFast's manufacturing plant in Thoothukudi. The CM said the e-car manufacturing plant will address the commitment to global warming and also improve the economy of the southern districts. Chief Minister said that the VinFast manufacturing plant began its production within 18 months after signing a Memorandum of Understanding (MoU) with the state government, and it is an example of ease of doing business in the Dravidian model government. He appreciated the Industries Minister, TRB Rajaa, for his dedicated efforts to make the dream come true. VinFast had signed an MoU for an investment of Rs 16,000 crore in the e-car manufacturing sector, assuring 3500 jobs during the investors' meet held in January 2024. Initially, it had invested Rs 1,300 crore, he said. This will also strengthen the trade and commerce relations with Vietnam, the CM added.
Mint
12 minutes ago
- Mint
Cashback vs reward points: Which credit card is better for you?
While taking a credit card, one of the criteria that an individual looks at is the reward structure. Some credit cards give reward points. These can be redeemed in multiple ways, and the value per point varies. On the other hand, some credit cards keep it simple by giving cashback. In this article, we will discuss both the types of credit cards and which credit card an individual should choose. A cashback credit card gives a certain percentage of the eligible transaction value as cashback. During a statement cycle, the cashback for all eligible transactions accumulates. Once the statement is generated, the consolidated cashback is awarded to the cardholder. Cashback credit cards are simple, as the percentage of cashback is defined. The cashback is automatically credited to the cardholder's account. The cardholder doesn't need to redeem it like reward points. The cashback amount is usually used in the next billing cycle to settle the next month's outstanding amount. Hence, there is no fear of the cashback expiring as it gets used up in the next month. While cashback credit cards are simple and easy to use, the flip side is the low reward rate. Most cashback credit cards have a 1-5% reward rate range. However, some cashback cards have a reward rate of 10% in specified categories, which is good. In most cashback cards, there is a limit on the cashback that you can earn in a billing cycle. Like most credit cards, cashback credit cards also have exclusions. The excluded categories don't earn cashback. Hence, you must make a note of these categories. While some cashback credit cards are lifetime-free, most have annual fees in the range of Rs. 500 to Rs. 1000. In the case of most cashback credit cards, the renewal fee is waived on spending a specified amount in the previous year. The cashback category is broad, and there are various types of credit cards within this category. Let us look at some of the cashback credit cards. Cashback SBI Card: The Cashback SBI Card is one of the most popular credit cards in the cashback category. It gives 5% cashback on all eligible online spends and 1% on all eligible offline spends. The maximum cashback that can be earned in a statement cycle is capped at Rs. 5,000. Thus, a cardholder can save up to Rs. 60,000 annually. The annual fee on the card is Rs. 999 + Taxes. The renewal fee is reversed on annual spends of Rs. 2 lakhs. Swiggy HDFC Bank Credit Card: The card gives 10% cashback on the Swiggy App (food delivery, Instamart, Dineout, and Genie), capped at Rs. 1,500 per billing cycle. Online spends on specified merchants earn a 5% cashback, capped at Rs. 1,500 per billing cycle. There is 1% cashback on all other eligible categories, capped at Rs. 500 per billing cycle. The cardholder can save up to Rs. 42,000 annually with this card. The annual fee is Rs. 500 + Taxes. The renewal fee is waived on spending Rs. 2,00,000 in the previous year. Airtel Axis Bank Credit Card: The card gives a whopping 25% cashback on Airtel services like prepaid and postpaid, broadband, WiFi, and DTH bill payments through the Airtel Thanks App. The cashback is capped at Rs. 250 per billing cycle. Utility bill payments like electricity, gas, etc., made through the Airtel Thanks App get a 10% cashback. The cashback is capped at Rs. 250 per billing cycle. Transactions on the preferred merchant's app (Swiggy, Zomato, and BigBasket) earn a 10% cashback. There is a capping of Rs. 500 per billing cycle across all three merchants. All other eligible transactions earn a 1% cashback without any capping. The annual fee is Rs. 500 + Taxes. The annual fee is waived on annual spends of Rs. 2 lakhs. Apart from these, there are other cashback credit cards like: HSBC Live+ Plus gives 10% cashback on dining, food delivery, and grocery spends. Yes Bank Click Credit Card gives up to 5% cashback for UPI transactions done by Neon members through the Kiwi App. Tata Neu Infinity HDFC Bank Credit Card gives up to 5% cashback on spends on Tata Neu and partner Tata brands. The cashback is in the form of NeuCoins. Amazon Pay ICICI Bank Credit Card gives up to 5% cashback for Amazon Prime members for spending done on Amazon. The cashback is in the form of Amazon Pay. A reward credit card gives benefits to the cardholder in the form of reward points. The reward rate is usually for every Rs. 100 spent. However, some credit cards (for example, American Express) give rewards for every Rs. 50 spent, and some (for example, HDFC Bank) give rewards for every Rs. 150 spent. Reward points are versatile. The cardholder can use them for various redemption options. Some of these include the following. Paying for online/offline transactions Booking flights/hotel accommodation Redeeming fora statement credit Purchase of gift vouchers Transfer to airline and hotel partners Donation for charity Usually, the value per point for redemption options like paying for transactions, statement credit, donation, purchase of gift vouchers, etc., is in the Rs. 0.20 to Rs. 0.30. The value per point for redemption options like booking flights, hotel accommodation, transfer to airline and hotel partners is usually higher. For flight bookings and hotel accommodation, the redemption value per point can be up to Rs. 1. Banks have tie-ups with various airline and hotel loyalty partners where the reward points can be transferred in a specified ratio. The transfer ratio usually ranges from 0.5 to 2. It means, one credit card reward point can be converted to 0.5 to 2 partner points. The reward cards can be category-specific or generic. In the last few years, travel-centric cards have become quite popular among cardholders. These credit cards usually offer accelerated reward points for spending in the travel category. Also, at the time of redemption, they offer a higher value per point when they are redeemed for flights, hotels, or transferred to airline/hotel partners. Let us look at some travel-specific credit cards with a decent reward rate. Axis Bank Atlas Credit Card: The card provides 2 EdgeMiles (EMs) per Rs. 100 spent. Travel-related spends get an accelerated reward rate of 5 EM per Rs. 100 spent. The cardholder gets bonus EMs on achieving spend-based milestones. The EMs can be transferred to 19 transfer partners (14 airlines and 5 hotels). The EM can be transferred to partners in a 1:2 ratio (except for Marriott Bonvoy). American Express Platinum Travel Credit Card: The card offers a base reward rate of 1 Membership Reward (MR) point per Rs. 50 spent. When the cardholder spends Rs. 1,90,000 in a year, they get a bonus of 15,000 MR points. Similarly, when the cardholder spends Rs. 4,00,000 in a year, they get an additional bonus of 25,000 MR points and a Rs. 10,000 Taj gift voucher. The MR points can be redeemed against Air Maharaja, The Postcard Hotels, or Taj gift vouchers. The MR points can be transferred to partners like Singapore Krisflyer for flights, Marriott Bonvoy for hotel bookings, etc. HSBC TravelOne Credit Card: The card offers an accelerated reward rate of 4 reward points for every Rs. 100 spent on flights, travel aggregators, and foreign currency transactions. All other categories get 2 reward points for every Rs. 100 spent, except for excluded categories. The card also offers instant discounts of up to 15% on specific travel aggregators for flights and hotel bookings. The reward points can be transferred to 19 transfer partners (15 airlines and 5 hotel partners). The transfer ratio for most partners is 1:1, except for a few. Till a few years back, banks gave credit cardholders benefits through reward points and other ways. Reward points are versatile and can be redeemed in various ways. The value per point depends on the redemption option chosen. In the last few years, banks have introduced credit cards that reward cardholders with cashback. These are simple to use and give a specified percentage of the transaction value as cashback. The decision of whether to go for a rewards or cashback credit card will depend on your needs. If you travel frequently, you may consider a rewards credit card focused on the travel category. These cards give you an accelerated reward rate for travel-related spends. Also, you can redeem reward points against booking flights and hotels, or transfer them to airline/hotel partners. Thus, these cards can help you enjoy free family vacations with reward points. If you don't travel frequently and prefer a credit card with a simple reward structure, you may consider a cashback credit card. These cards give you a percentage of the transaction value as cashback. Also, the consolidated cashback amount will be automatically credited to your card account post statement generation every month. Gopal Gidwani is a freelance personal finance content writer with 15+ years of experience. He can be reached at LinkedIn. For all personal finance updates, visit here. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards, and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
