The company’s revenue from operations stood at Rs 6,114 crore in Q3FY26, up 23% over Rs 4,973 crore posted in the corresponding period of the last financial year.
The net profit was up 3.7% sequentially versus Rs 1,369 crore in Q2FY26 despite a 1% decline in the topline compared to Rs 6,172 crore in the July-September quarter of FY26.
The Royal Enfield maker has also received a nod from the company board for capacity expansion for its motorcycles. Eicher will spend Rs 958 crore for brownfield expansion at its Cheyyar (Tamil Nadu) plant. The existing capacity is around 14.6 lakh motorcycle units per year across all plants.
Following the expansion, the total capacity will be up to 20 lakh motorcycle units per year across all plants. The ramp-up will happen in a phased manner starting from Q1FY27 and is expected to be completed in FY28.
More to come…