Published: February 16, 2021, 11:17 AM IST
Eicher Motors Limited (EML) today announced its unaudited consolidated financial results for the quarter ended December 31, 2020.
For the
quarter ended December 31, 2020, Eicher Motors total revenue from operations was recorded at Rs. 2,828 crores up by 19% as compared to Rs. 2,371 crores in the corresponding quarter of FY 2019-20; EBITDA was Rs. 672 crores crores, up by 13% as compared to Rs. 592 crores in the same quarter of the previous financial year; Profit after Tax was Rs. 533 crores against a profit of Rs. 499 crores during the same period last year. Royal Enfield sold 199,000 motorcycles in the quarter, an increase of 5% from 189,000 motorcycles sold over the same period in FY 2019-20.
Eicher Motors Limited announces financial results for the quarter ended December 31, 2020
Eicher Motors Limited (EML) today announced its unaudited consolidated financial results for the quarter ended December 31, 2020.
For the
quarter ended December 31, 2020, Eicher Motors’ total revenue from operations was recorded at Rs. 2,828 crores up by 19% as compared to Rs. 2,371 crores in the corresponding quarter of FY 2019-20; EBITDA was Rs. 672 crores crores, up by 13% as compared to Rs. 592 crores in the same quarter of the previous financial year; Profit after Tax was Rs. 533 crores against a profit of Rs. 499 crores during the same period last year. Royal Enfield sold 199,000 motorcycles in the quarter, an increase of 5% from 189,000 motorcycles sold over the same period in FY 2019-20.
Published: February 16, 2021, 11:21 AM IST
Royal Enfield, the global leader in mid-size motorcycles (250cc-750cc), today announced the launch of the new
Himalayan across India, Europe and the UK, in three new distinctive, terrain-inspired colourways, along with a range of upgrades. The versatile adventure-touring motorcycle will now be available in
New Granite Black
(mix of matte and gloss)
, Mirage Silver, Pine Green, in addition to the existing colourways Rock Red, Lake Blue and Gravel Grey.
With this launch, the Himalayan now gets the
Make It Yours - MiY - initiative allowing customers to personalize and accessorize their motorcycle across all channels - the RE App, the website and at dealerships. The new Himalayan will also feature the
The company has introduced the updated model across India, Europe and the UK, in three new distinctive, terrain-inspired colourways, along with a range of upgrades.
Results: Eicher Motors net up 7% to Rs 533 crore in Q3
Eicher Motors on Wednesday posted a 6.79 per cent increase in its consolidated net profit after tax at Rs 532.59 crore for the third quarter ended December 31, 2020, on the back of steady growth across business verticals.
The company had reported Rs 498.70 crore during the October-December period of 2019-20 fiscal.
Total consolidated revenue from operations rose to Rs 2,828.26 crore as compared with Rs 2,371.01 crore in the year-ago period, Eicher Motors said in a regulatory filing.
On a standalone basis, the company said its net profit after tax declined marginally to Rs 488.46 crore as compared with Rs 488.94 crore in the year ago period.