Profit

Eicher Motors Reports 25% Jump In April-June Profit, Driven By Royal Enfield Sales | Read

PUBLISHED ON: August 9, 2018 | Duration: 1 min, 28 sec

   
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Eicher Motors on Thursday reported a net profit of Rs. 576 crore for the April-June period, driven by strong performance from its flagship brand Royal Enfield. Consolidated net profit was up 25 per cent year-on-year compared with Rs. 460 crore for the quarter ended June 30, 2017. Revenue from operations came in at Rs. 2,534 crore for the quarter ended June 2018, up 13 per cent compared with Rs. 2,255 crore for the corresponding period a year ago. Royal Enfield sold 2,25,286 motorcycles in the quarter ended June, registering an annual growth of 23 per cent.
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