- Eicher Motors reported a consolidated net profit of Rs 1,016 crore for Q2 2023, a 55% increase from Rs 657 crore in the same period last fiscal year.
- Total revenue from operations rose to Rs 4,115 crore, marking the company’s highest-ever performance in terms of quarterly revenues, profits, and sales.
- Royal Enfield, a division of Eicher Motors, sold 2,29,496 motorcycles in Q2, a 13% increase from the same period last fiscal year.
- The company highlighted remarkable performance at both Royal Enfield and VE Commercial Vehicles at the halfway mark of the financial year. VE Commercial Vehicles recorded its highest-ever sales in Q2, delivering 19,551 units.
SourceBusiness Standard