Royal Enfield fails to rev up volumes, worst among listed peers

Analysts say that even after adjusting for loss in production after nine-day strike, the supplies to distributors have been on the weaker side

With volumes down 14 per cent in February, compared to the year-ago period, Eicher Motors’ two-wheeler numbers were the worst among listed peers. 

Led by domestic volumes which were down 16 per cent, the year-on-year (YoY) fall in sales was the worst in over five years. One of the reasons for the drop was a strike at its Oragadam facility in Tamil Nadu, which hit production of 3,200 units. 

However, operations are back to normal after the nine-day strike. Analysts say that even after adjusting for loss in production, the supplies to distributors have been on the weaker side. 

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