While sales of motorcycle models with engine capacity upto 350cc fell by 2% to 62,543 units, sales of motorcycle models with engine capacity exceeding 350cc soared 107% to 11,196 units in December 2021 over December 2020.
The company exported 8,552 motorcycle units (up 14% YoY) during the period under review.
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 Swedens AB Volvo – Volvo Eicher Commercial Vehicles which operates in Indias commercial vehicle space.
The companys consolidated net profit jumped 8.69% to Rs 373.20 crore on a 5.43% increase in total revenue from operations to Rs 2,249.56 crore in Q2 FY22 over Q2 FY21.
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