Eicher Motors sells 6,307 CV units In June22

1 Jul 2022 , 01:05 PM

On a sequential basis, the companys CV sales increased 11.89% from 5,637 units sold in May 2022. During June 2022, the total domestic sales of Eicher trucks & buses soared 217.3% to 5,584 units while total exports declined 1.50% to 601 units over June 2021. Sales of total Volvo trucks & buses, stood at 122 units in June 2022, recording a growth of 79.4% over 68 units sold in June 2021. 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 company reported 16% jump in consolidated net profit to Rs 610.14 crore on a 8.6% increase in total revenue from operations to Rs 3,193.32 crore in Q4 FY22 over Q4 FY21. Shares of Eicher Motors fell 1.25% to currently trade at Rs 2,758.95 on the BSE. Powered by Capital Market – Live News