Eicher Motors posts 15% rise in Q2 profit as Royal Enfield sales hit record
FROM THE WIRE · BUSINESS-STANDARD.COM
Royal Enfield posted record quarterly sales of 3.77 lakh motorcycles, while Eicher Motors reported a 15 per cent rise in Q2 profit and plans to ramp up production amid demand
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishHigher profit and record sales point to solid demand for the motorcycle maker.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Royal Enfield posted record quarterly sales of 3.77 lakh motorcycles.
- 02Eicher Motors reported a 15% rise in second-quarter profit.
- 03The company plans to ramp up production to meet demand.