Eicher Motors Q4 net profit up 16%, Royal Enfield bikes sales dip

Company had 'stellar performance' in international markets with more than 100% growth, says managing director

Eicher Motors, the maker of Royal Enfield motorcycles, reported a 16 per cent increase in net profit in the fourth quarter of the financial year 2021-22 to Rs 610 crore compared to Rs 526 crore the same period in 2020-21.

For the quarter ended March 31, Eicher Motors’ total revenue from operations was at an all-time high at Rs. 3,193 crore, up 8.6 per cent as compared to Rs. 2,940 crore in the corresponding quarter of FY 2020-21. Royal Enfield recorded sales of 182,125 motorcycles in the quarter, down by 10.4 per cent from 203,343 motorcycles sold during the same