Royal Enfield

Motorcycle maker Royal Enfield on Saturday reported a 7 per cent growth in total sales at 72,235 units in March, as compared to 67,677 units in the same month last year. Domestic sales were at 59,884 units in the month under review, as against 58,477 units in the year-ago month, a growth of 2 per cent, the company said in a statement. Exports grew 34 per cent last month at 12,351 units, as compared to 9,200 months in March 2022. For the fiscal 2022-23, Royal Enfield said it posted a 39 per cent growth with a record total sales of 8,34,895 motorcycles. The company's sales stood at 6,02,268 units in FY22. Exports were also at record high at 1,00,055 units in FY23, as compared to 81,032 units in FY22, up 23 per cent. Royal Enfield CEO B Govindarajan said it was a remarkable year for the company achieving new heights in sales and market share, and crossed 1,00,000 international volumes for the first time. "Our motorcycles, like the Hunter 350 and Super Meteor 650, have exceeded ...

Motorcycle maker Royal Enfield on Sunday reported a 7 per cent decline in total sales at 68,400 units in December 2022. The company had sold 73,739 units a year ago, Royal Enfield said in a statement. Domestic sales were down 8 per cent last month to 59,821 units compared to 65,187 units in December 2021. Exports were almost flat at 8,579 units against 8,552 units in the year-ago period, the company said.

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Muted domestic demand and margin pressure may weigh on the stock

Royal Enfield has made aggressive moves in the 250-350 cc segment that it dominates, but the competition is accelerating

Higher volumes and softer raw materials to drive expansion

Eicher Motors recorded a 56 per cent increase in revenue from operations at Rs 3,519 crore

September volumes were better than estimates led by the new launch Hunter 350

Motorcycle maker Royal Enfield on Saturday reported an over two-fold rise in total sales at 82,097 units in September 2022. The company had sold 33,529 units in the same month last year, Royal Enfield said in a statement. Domestic sales were higher at 73,646 units last month against 27,233 units in September 2021. Similarly, exports were also up at 8,451 units compared to 6,296 units in the year-ago month, it added.

The overall dealer satisfaction index improved from 657 points last year to 719 points this year, the study noted

Motorcycle maker Royal Enfield on Thursday reported a 53 per cent increase in total sales at 70,112 units in August, 2022. The company had sold 45,860 units in the same month last year, Royal Enfield said in a statement. Domestic sales were at 62,236 units as against 38,572 units in August 2021, registering a growth of 61 per cent, it added. Exports grew by 8.1 per cent at 7,876 units last month as compared to 7,288 units in the year-ago period, the company said. Royal Enfield CEO B Govindarajan said the company witnessed incremental volumes following the launch of its new bike Hunter 350 early last month and sales of the model will start across several international markets in the coming months.

Eicher Motors said the appointment of a new CFO in his place would be intimated in due course. Meanwhile, Arunachalam will now join Cromptom Greaves Consumer as CFO, from September 5

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The company's net profit soared 157.5 per cent YoY to Rs 610.66 crore in Q1FY23, while total income surged 64.4 per cent to Rs 3,446.12 crore.

Royal Enfield sold 186,032 motorcycles during the quarter, posting an increase of 52 per cent from 122,170 motorcycles sold over the same period in FY22

The all-new Royal Enfield Bullet 350 will be based on Royal Enfield's J-platform, which is the same that is employed by the Meteor 350 and the new Classic 350

The domestic slowdown and growing acceptability of Made-in-India brands offer opportunities to accelerate the drive to global markets

Royal Enfield announced appointment of ex-Honda Motorcycle and Scooter India executive Yadvinder Singh Guleria as its Chief Commercial Officer (CCO)

Motorcycle maker Royal Enfield on Wednesday said its total sales stood at 63,643 units in May. The company had sold 27,294 units in the pandemic-hit May 2021, it said in a statement. Domestic sales last month were at 53,525 units as compared to 20,073 units sold a year ago. Royal Enfield said its exports were reported at 10,118 units last month while the same was at 7,221 units in the year-ago period.