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Total sales of Volvo trucks and buses in April 2025 stood at 129 units, up by 4.9% YoY.
Further, the company’s 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 Volvo—Volvo 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.
Eicher Motors, the parent company of Royal Enfield, reacted sharply to the development, as Royal Enfield's flagship 'Bullet' may face stiffer competition from globally renowned players.
American motorcycle brand Harley-Davidson, which exited the Indian market in 2020 due to low sales attributed in part to high import duties, could potentially re-enter with a significant pricing advantage if the proposed duty cut is implemented.
Meanwhile, Royal Enfield has been expanding its presence in the premium motorcycle segment with models like the Interceptor 650 and Continental GT 650, which could now face heightened competition under the proposed regime.
On a consolidated basis, net profit of Eicher Motors rose 17.52% to Rs 1170.50 crore while net sales rose 18.77% to Rs 4888.11 crore in Q3 December 2024 over Q3 December 2023.