Latest news with #EicherMotors'
Business Standard
02-05-2025
- Automotive
- Business Standard
Eicher Motors CV sales climb 27% YoY in April'25
Eicher Motors' unlisted subsidiary, VE Commercial Vehicles (VECV), reported a 27.3% year-on-year growth in commercial vehicle (CV) sales to 6,846 units in April 2025. While domestic sales increased by 27.7% to 6,257 units and total exports surged 29.2% to 460 units in April 2025 over April 2024. Total sales of Volvo trucks and buses in April 2025 stood at 129 units, up by 4.9% YoY. Further, the companys monthly motorcycle sales in April 2025 stood at 86,559 units, which is higher by 6% compared with 81,870 units in the same month a year ago. Sales of motorcycle models with engine capacity up to 350 cc jumped 2% to 74,282 units, and sales of motorcycle models with engine capacity exceeding 350 cc surged 36% to 12,277 units in April 2025 over April 2024. The international business recorded sales of 10,557 units on April 25, up by 55% compared with 6,832 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 VolvoVolvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space. The company reported a 17.5% jump in consolidated net profit to Rs 1,170.50 crore in Q3 FY25 as compared with Rs 995.97 crore in Q3 FY24. Revenue from operations increased 18.8% YoY to Rs 4,888.11 crore in Q3 FY25. Shares of Eicher Motors slipped 2.13% to Rs 5,446.25 on the BSE.
Business Upturn
02-05-2025
- Automotive
- Business Upturn
Eicher Motors stock drops 3% after Royal Enfield's April sales miss estimates
By Aman Shukla Published on May 2, 2025, 09:36 IST Eicher Motors' shares saw a nearly 3% drop in morning trade following Royal Enfield's April 2025 sales report. Despite reporting a 6% year-on-year (YoY) increase in total sales, investor sentiment was impacted as the results slightly missed market expectations. As of 9:34 AM, the shares were trading 2.82% lower at Rs 5,410.00. The company's total sales volume for April 2025 reached 86,559 units, up from 81,870 units in April 2024. While this marks an overall growth, the performance was somewhat subdued compared to analysts' projections. Breaking down the performance by engine capacity, motorcycles with engine capacities up to 350cc saw a modest 2% increase, with 74,282 units sold in April 2025 compared to 72,866 units in the same month last year. However, the premium segment of motorcycles with engine capacities over 350cc demonstrated a strong 36% growth, reaching 12,277 units sold, compared to 9,004 units in April 2024. Eicher Motors also reported significant growth in international markets, with sales increasing by 55%, totaling 10,557 units in April 2025, up from 6,832 units in the previous year. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
