Two-wheeler Sales July 2016: Royal Enfield registers 31% growth

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Royal Enfield Himalayan Review - Static Shots (15)

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

Royal Enfield Himalayan Review - Static Shots (2)

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

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