The net sales of Eicher Motors jumped by 86 per cent to 82,235 units in the current month from 44,133 units sold in October last year. The sales of motorcycle models with engine capacity up to 350cc twice to 74,828 units, sales of motorcycle models with engine capacity exceeding 350cc rose 10 cent to 74,828 units in the last month of 2022 over October last year.

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In October month, International Business recorded sales of 5,707 units which is more than 62 per cent as compared with 3,522 units sold in October month of last year.

This motorcycle manufacturing company is listed in Royal Enfield, the global leader in middleweight motorcycles. Additionally, Eicher has a joint venture with Sweden’s AB Volvo – Volvo Eicher CV, which operates commercial vehicle space in India.

On a consolidated basis, the net profit of Eicher Motors zoomed 157.81 per cent to Rs 611 crore in the first quarter of FY23 from Rs 237 crore posted in the first quarter of FY22. Total revenue from operations was recorded at Rs 3,397 crore compared to Rs 1,974 crore in FY 2021-22. On BSE, the stocks declined 1.41 per cent to recent trade at Rs 3745.