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Motorcycle Market to see Booming Business Sentiments: KTM, Bajaj Auto, Yamaha Motors
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Motorcycle Market to see Booming Business Sentiments: KTM, Bajaj Auto, Yamaha Motors
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The Saudi Arabian Bus Market was valued around USD 13.51 Billion in 2019 and is projected to grow at CAGR of 8.52% during the forecast period on account of growing inclination of the population towards public transportation.
Furthermore, as part of the Saudi Vision 2030, the country is planning to promote and enhance public transport in the country, which is anticipated to positively influence the market growth over the coming years.
The Saudi Arabian Bus Market can be segmented based on bus length, seating capacity, fuel type, application and region. In terms of seating capacity, the market can be segregated into 15-30, 30-40, 40-50 and above 50. Among these, 30-40 segment dominated the market as it is the preferred segment on account of easy boarding, even with a stroller or wheelchair. Additionally, it can easily store large volumes of luggage.
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.
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