Eicher Motors Limited (EML) reported a robust performance for Q2 FY’26, with revenue reaching a record ₹6,172 crore, a 45% increase year-over-year. EBITDA also hit a record ₹1,512 crore, up 39%. Royal Enfield sales grew strongly in India, supported by GST reforms and product launches. VECV also achieved its highest-ever second-quarter sales, driven by growth in light and medium-duty trucks and buses.
Financial Performance
Eicher Motors Limited (EML) announced its Q2 FY’26 results, showcasing significant growth:
- Revenue: Reached a record high of ₹6,172 crore, a 45% increase from ₹4,263 crore in Q2 FY’25.
- EBITDA: Highest ever at ₹1,512 crore, up 39% from ₹1,088 crore in the same period last year.
- PAT: Highest ever at ₹1,369 crore, including ₹135 crore share of profits from VECV, a 25% increase.
Royal Enfield Highlights
Royal Enfield experienced strong sales during the festive season, driven by robust demand and consumer confidence. Key highlights include:
- Sales of 3,27,067 motorcycles, compared to 2,25,317 in Q2 FY’25.
- Domestic sales of 2,92,703 units, with continued market share gain in the mid-size motorcycle segment, reaching approximately 84%.
- International market volumes stood at 34,364 units.
- Ranked number 1 in the 2-wheeler OEM category by the Federation of Automobile Dealers Association (FADA).
VECV Performance
VE Commercial Vehicles (VECV) also reported strong results, achieving its highest-ever second-quarter sales:
- Sales of 21,901 units, exceeding the previous record of 20,774 units in Q2 FY’25 with a growth of 5.4%.
- Revenue from operations stood at ₹6,106 crore versus ₹5,538 crore.
- EBITDA stood at ₹479 crore at 8%, against ₹395 crore at 7.3%.
- Investment of ₹544 crore announced for a new transmission factory in Ujjain.
Strategic Developments and Outlook
Eicher Motors is focused on long-term value creation through product excellence and global ambition. The company remains optimistic about continued growth in both Royal Enfield and VECV, driven by strong demand and strategic investments.
Source: BSE