Hiving off EV biz not our approach, says Royal Enfield financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Eicher Motors Q1 net profit rises 50% to ₹918 crore thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Eicher Motor Sales: Total revenue from operations for the quarter was at INR 3,986 crore, up 17.3% compared to INR 3,397 crore in the corresponding quarter of FY 2022-23. EBITDA was INR 1,021 crore, up 22.8% compared to INR 831 crore in the same quarter of the previous financial year, the company said.
Eicher Motors, manufacturer of Royal Enfield motorcycles, plans to launch its first electric bike in India over the next two years. Initially, it plans to install production capacity of 150,000 units to coincide with its rollout. Gurgaon-based Eicher dominates India s premium motorcycle segment with a market share of approximately 90%.