Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7122.00
-52.75 (-0.74%)
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Eicher Motors’ two-wheeler division reports 42% jump in December sales

Date: 02-01-2017

Royal Enfield, the two-wheeler division of Eicher Motors, has reported a 42% jump in total sales at 57,398 units in December 2016. The two-wheeler manufacturer had sold 40,453 units in December 2015. Exports during December jumped 160% to 1,082 units compared with 416 units in December 2015.

The total sales in the domestic market during the April-December period of the ongoing fiscal was at 4,88,262 units as against 3,59,968 units in the year-ago period, up 36%. Total exports in the nine-month period grew by 78% to 10,545 units from 5,943 units a year ago.

Eicher Motors (EML) is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.