Eicher Motors total CV sales down 7.6% yoy in March

Total CV sales in FY18 stood at 72,969 units compared to 65,932 units in FY17.

Apr 01, 2019 09:04 IST India Infoline News Service

Eicher Motors, the parent company of Royal Enfield, in its filing to the exchanges on Monday informed that the company’s total commercial vehicle sales for March dropped by 7.6% on yoy to 8,676 units vs. 9,411 units in the previous year.

Total CV sales in FY18 stood at 72,969 units compared to 65,932 units in the same period under review a year ago.

Further, domestic sales of Eicher Trucks and Buses (ETB) in March stood at 7329 compared to 7980 in the same period a year ago, while sales of Volvo Trucks India (VTI) stood at 131 units compared to 166 units in the same period a year ago.

Moreover, exports sales of ETB for March 2019 stood at 1,216 units vs 1265 units a year ago.

Eicher Motors Ltd's share price is currently at Rs20,298.45, down by Rs239.65 or 1.17%, from its previous close of Rs20,538.10 on the BSE.
The scrip opened at Rs20,700 and has touched a high and low of Rs20,764.80 and Rs20,166.75, respectively. So far, 1,64,586 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs56,035.07cr.

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