iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Eicher Motors reports 22% y-o-y growth in total sales in May

2 Jun 2023 , 10:12 AM

Eicher Motors reported its sales number for the month of May and has posted a growth of 22% y-o-y in total sales of its motorcycles to 77,461 units. The company reported total sales of 63,643 units in May 2022. 

Company reported a 32.30% y-o-y increase in its domestic sales to 70,795 units as compared to 53,525 units in the previous corresponding month. However, as the export market remained weak, there was a fall in export sales of 34% y-o-y to 6,666 units in May 2023 as compared to 10,118 units in the previous corresponding month.

VE Commercial Vehicles, a joint venture between the Volvo Group and Eicher Motors, reported an 11.6% y-o-y increase in its total sales to 6,289 units. Domestic sales increased 15.8% to 5,826 units in May, up from 5,033 units in May of last year.

However, the company reported a decline in its export sales at 250 units, down by 46.90% y-o-y against 471 units in the same month of previous year.

For feedback and suggestions, write to us at editorial@iifl.com

explored-media

Related Tags

  • Eicher Motors
  • Eicher Motors news
  • Eicher Motors sales
  • Eicher Motors Updates
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.