Royal Enfield posted sales of sales of 53,378 motorcycles in combined domestic wholesale and exports in July 2016 recording a growth of 31 % over same period last year. According to the the Eicher Motors owned company, response to Himalayan – Royal Enfield’s first adventure-tourer, has been “extremely encouraging”. Royal Enfield currently operates out of 566 dealerships across the country.
| Vehicle sales | JULY | YTD | ||||
| 2016 | 2015 | Growth | 2016 | 2015 | Growth | |
| DOMESTIC | 52,128 | 39,867 | 31% | 195,457 | 144,197 | 36% |
| EXPORTS | 1250 | 893 | 40% | 5404 | 3176 | 70% |
| TOTAL BUSINESS | 53,378 | 40,760 | 31% | 200,861 | 147,373 | 36% |
Also read – Royal Enfield Himalayan Review : The High Born
On the other hand, Eicher Motors started the new financial year with its best ever quarter results registering 42% growth and posting the highest ever quarterly income from operations at Rs 1556 crores for Q1 2016-17. In this quarter, EML also recorded its highest ever and best-in-class EBIDTA% at 30.2%.
EML’s consolidated Results for Q1 2016-17 ended June 30th 2016 as compared to corresponding period ended June 30th 2015:
| Q1 2016-17 | Q1 2015-16 | % Growth | |
| Total income from operations | 1,556 | 1,096 | 42.0% |
| Earnings before interest and tax (EBIDTA) | 470 | 286 | 64.6% |
| EBIDTA % | 30.2% | 26.1% | – |
| Profit After Tax (PAT) | 330 | 199 | 65.8% |
| PAT% | 21.2% | 18.2% | – |
| Share of EML in profit/(loss) of Joint ventures | 46 | 38 | – |
| Consolidated Profit After Tax | 376 | 237 | 58.6% |
Note: All figures are Rs.crores except where specified