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.
In addition to volume growth, margin gains hinge on raw material/freight cost movement
The partnership aims to provide Indian riders with the essential tools needed to make the best of their adventures, Royal Enfield said in a statement
Mid-sized motorcycle maker Royal Enfield had reported sales of 53,298 units in the same month last year
The new bike is powered by a 411 cc, 4-stroke single-cylinder engine which has a maximum power of 24.3 bhp at 6,500 rpm and max torque of 32 Nm at 4,000-4,500 rpm
The company had reported sales of 69,659 units in the same month last year
Mid-sized motorcycle maker Royal Enfield, a part of Eicher Motors, reported a 15 per cent decline in total wholesales at 58,838 units in January this year.
Royal Enfield corners 90-95 per cent of the middle-weight segment
Early-stage funding in the segment rose almost three times to $74 million in 2021 compared to the previous year
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