Eicher motors share price :Eicher Motors Q2: Net Profit Up 8% To ₹1,100 Cr

Eicher Motors reported its Q2 results on Wednesday after market close. The firm’s net profit met the estimates while revenue missed

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The Royal Enfiled maker reported a 8.26% year-on-year increase in net profit to ₹1,100.33 crore.

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The two wheeler company posted a revenue of ₹4,263.07 crore, increasing 5.70% from the previous year.

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In the corresponding quarter of the previous year, the company had a ₹1,016.30 crore net profit and ₹4,033 crore revenue

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the Royal Enfield sales reached 1.10 lakh, increasing by 31% from the previous year.

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The company said this was the highest monthly sales figure in the history of the brand. While the domestic numbers grew 26%, exports increased 150%

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VECV, the commercial subsidiary of Eicher posted a 5% decline in sales to 7,112 units in October.

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