Eicher Motors’ profit rises 40% on back of strong sales of Royal Enfield motorcycles

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Eicher Motors’ standalone business, Royal Enfield sold 199,458 motorcycle units in the first six months of 2015, compared to 138,400 units sold in the first six months of the previous year, a 44.17% jump.

In revenue terms, the Royal Enfield business contributed Rs 1096.8 crore to Eicher Motors’ books in the first quarter (Q1) of FY16, up 47% over Rs 746.2 crore in Q1 FY15.

In Q1 FY16, Eicher Motors reported a net profit of Rs 221.8 crore, up 40% over Rs 157.4 crore in the same period last year.

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