| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 6.1K | 0.9% | 22.9% |
| Total Income | 6.5K | 1.1% | 22.6% |
| Expenditure | 4.8K | 1.9% | 20.7% |
| PBT | 1.6K | 2.1% | 24.1% |
| Net Profit | 1.4K | 3.7% | 21.4% |
| OPM | 24.55% | 0.05pp | 8.14pp |
| NPM | 22.02% | 1.02pp | 2.88pp |
| EPS | 51.79 | 3.7% | 21.3% |
Eicher Motors Announces Q3 FY 2025-26 Results: Royal Enfield to Expand Manufacturing Capacity to 20 Lakh Units
10 Feb 2026 · 10 Feb, 5:23 pm
Summary
Eicher Motors Ltd. announced its Q3 FY 2025-26 results with revenue from operations growing by 23%, EBITDA up by 30%, and Profit After Tax rising by 21% year-on-year. Royal Enfield registered motorcycle sales at 325,773 units, up 21% year-on-year, while VECV registered sales of 26,086 units with a growth of 24%. The company also announced a brownfield capacity expansion at the Cheyyar manufacturing facility in Tamil Nadu, taking annual production capacity up to 20 lakh units.
Key Highlights
- 1
Revenue from Operations grew 23%
- 2
EBITDA up 30%
- 3
Profit After Tax rose 21%
- 4
Royal Enfield registered motorcycle sales at 325,773 units, up 21%
- 5
VECV registered sales of 26,086 units with a growth of 24%
- 6
Brownfield capacity expansion at the Cheyyar manufacturing facility in Tamil Nadu
Management Comments
B. Govindarajan
Managing Director - Eicher Motors Ltd., and Chief Executive Officer - Royal Enfield
This quarter continues the steady momentum that we have built over the previous six quarters and disciplined execution across Eicher Motors, with encouraging performance from both Royal Enfield and VECV. At Royal Enfield, we continued to see healthy demand across markets, alongside consistent progress in strengthening our product pipeline, capacity building, and engagement with the riding community.
Vinod Aggarwal
MD and CEO - VECV and Vice Chairman - Eicher Motors Ltd.
The third quarter was marked by a strong recovery in the Commercial Vehicle industry following a prolonged monsoon. GST-reforms, coinciding with the traditional festive buying season, helped revive consumer sentiment and consumption-led demand for transportation. VECV delivered its best-ever third quarter performance, with sales of 26,086 vehicles, representing a growth of 24.2% over the corresponding period last year.
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