Eicher Motors CV sales grow 18 %, Royal Enfield up 36 % in June Eicher said it Royal

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Eicher said it Royal Enfield sales grew by 36 percent to 50,682 units compared with 37,341 units sold in corresponding period of last fiscal while the growth was only 4 percent compared with preceding month.
 

continued to register strong growth in commercial vehicle (CV) sales. It sold 4,935 vehicles in June, a growth of 18.5 percent compared with 4,163 units sold in same period last year but on month-on-month basis, the same declined 14.5 percent.

Domestic sales grew by 18.6 percent year-on-year to 4,313 units and exports jumped 18.25 percent to 622 units during the month. In April-June quarter, company's sales volume increased 32.5 percent to 16,070 units from 12,128 units in year-ago period.

Domestic sales growth was 26 percent at 13,758 units and exports 91.7 percent at 2,312 units. Royal Enfield Eicher said it Royal Enfield sales grew by 36 percent to 50,682 units compared with 37,341 units sold in corresponding period of last fiscal while the growth was only 4 percent compared with preceding month. The company registered a massive 118 percent growth in exports at 1,622 units on yearly basis.

Royal Enfield sales in April-June quarter increased 38 percent to 1.47 lakh units and exports 82 percent to 4,154 units compared with year-ago period. At 12:39 hours IST, the scrip of Eicher Motors was quoting at Rs 19,421.70, up Rs 198, or 1.03 percent on the Bombay Stock Exchange.

 

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