Eicher Motors Limited (EML) announced its unaudited consolidated financial results for the second quarter of FY 2026-27, ending September 30, 2026. The company achieved its highest-ever quarterly revenue from operations at ₹7,422 crores, a 20% increase year-on-year. EBITDA also reached a record high of ₹1,760 crores, up 16%, with Profit After Tax rising 15% to ₹1,573 crores. Both Royal Enfield and VE Commercial Vehicles (VECV) contributed to this strong performance.
Eicher Motors Reports Record Q2 FY27 Financials
Eicher Motors Limited (EML) has declared its unaudited consolidated financial results for the second quarter of the fiscal year 2026-27, which concluded on September 30, 2026. The company has reported its best-ever quarter in terms of both revenue from operations and EBITDA.
Financial Performance Highlights
For Q2 FY 2026-27, EML’s revenue from operations stood at ₹7,422 crores, marking a significant growth of 20% compared to the corresponding quarter in FY 2025-26. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 16% to reach ₹1,760 crores, a substantial increase from ₹1,512 crores in the prior year’s second quarter. Profit After Tax (PAT) saw a 15% rise, amounting to ₹1,573 crores, up from ₹1,369 crores in the same period last year.
Royal Enfield’s Record Sales
Royal Enfield, a key division of EML, achieved its highest-ever quarterly sales figures, selling 376,722 motorcycles. This represents a 15% increase year-on-year from the 3,27,067 motorcycles sold in Q2 FY 2025-26. This robust performance was driven by strong demand in both domestic and international markets, including successful launches such as the Himalayan 440 and the Classic 350 Gorkha Edition.
VE Commercial Vehicles (VECV) Strong Growth
VE Commercial Vehicles (VECV) also reported impressive results for Q2 FY 2026-27. Revenue from operations at VECV reached ₹7,569 crores, a 24% increase from ₹6,106 crores in the previous year. EBITDA for VECV rose by 23% to ₹588 crores from ₹479 crores a year ago. Profit after tax for VECV was ₹342 crores, compared to ₹249 crores last year. VECV recorded sales of 28,071 vehicles in the quarter, up 28.2% from 21,901 vehicles sold in the prior year. The company also inaugurated its next-generation AI-enabled Uptime Center in Pithampur, reinforcing its commitment to customer service.
Product Launches and Market Expansion
The announcement also detailed several product launches and market developments. Royal Enfield expanded its petrol lineup with the Himalayan 440 and introduced special editions of the Classic 350. Its electric motorcycle brand, Flying Flea, saw a global launch with the C6 model in Europe and the UK. VECV continues to strengthen its position in the commercial vehicle sector, focusing on superior fuel economy and vehicle uptime.
Industry Recognition and Community Engagement
Royal Enfield received industry recognition, topping the Two-Wheeler OEM category at the FADA Dealer Satisfaction Survey 2026 for the second consecutive year. The company also highlighted its extensive community initiatives and cultural engagements, including the ‘One Ride’ event which saw over 150,000 riders across 60 countries participating.
Source: BSE
