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While, the domestic sales rose by 9.81% to 6,893 units, total exports jumped 68.4% to 421 units in June 2024 over June 2023.
Total sales of Volvo trucks and buses in June 2024 declined by 41.48% to 110 units from 188 units sold in June 2023.
Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space.
The two wheeler maker’s consolidated net profit increased 18.21% to Rs 1,070.45 crore on 11.87% rise in revenue from operations stood to Rs 4,256.04 crore in Q4 FY24 over Q4 FY23.
The scrip declined 0.81% to Rs 4,642.35 on the BSE.
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