Eicher logs 9% yoy drop in Royal Enfield sales to 45,860 units in August, exports skyrockets 164% yoy

Royal Enfield with engine capacity exceeding 350cc registered a whopping 92% growth in August 2021 sales to 7,288 units compared to 3,787 units in August 2021.

Sep 02, 2021 08:09 IST India Infoline News Service

Eicher Motor recorded a decline of 9% in Royal Enfield sales to 45,860  units in August 2021 compared to 50,144 units sold in the same month a year ago, on account of lower sales in models with engine capacity up to 350cc.

In August 2021, Royal Enfield with engine capacity up to 350cc witnessed a drop of 17% in sales to 38,572 units as against 46,357 units sold in August 2020.

On the other hand, Royal Enfield with engine capacity exceeding 350cc registered a whopping 92% growth in August 2021 sales to 7,288 units compared to 3,787 units in August 2021.

Also, export was stellar with sales of 6,790 units in August 2021 rising by a whopping 164% from 2,573 units sold in the same month last year.

Between April - August 2021, the company's total Royal Enfield sales were at 2,13,538 units increasing by 45% compared to 1,47,747 units in the same period a year ago.

On Thursday, Eicher stock will be in focus amid sales figures. On the previous day, Eicher stock finished at Rs2701.15  per piece up 0.8% on Sensex. 

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