Eicher Motors announced Q3FY23 results: Eicher Motors’ total revenue from operations for the quarter was recorded at Rs 3,721 crore, up 29% as compared to Rs 2,881 crore in the corresponding quarter of FY22 EBITDA was Rs 857 crore, up 47% compared to Rs 582 crore in the same quarter of the previous financial year Profit after tax was Rs 741 crore, registering a strong growth of 62% in comparison to Rs 456 crore during the same period last year Royal Enfield sold 2,19,898 motorcycles in the quarter, an increase of 31% from 1,67,664 motorcycles sold over the same period in FY22 VECV recorded quarter sales at 18,162 units, a growth of 13.2% over the corresponding period last year Talking about Eicher Motors’ performance through the last quarter, Siddhartha Lal, Managing Director, Eicher Motors, said, “The last few months have been extremely exciting for us at Royal Enfield as our new motorcycles, the Hunter 350, and the recently launched Super Meteor 650, have been very successful and received amazing response from experts and consumers across the globe. With these motorcycles, and with upcoming launches at Royal Enfield, we intend to bring a strong and compelling portfolio in the middleweight segment which has immense growth potential in markets around the world. During the last quarter, we also stepped up our work in the EV space with a strategic investment in Stark Future. The team at Stark are hugely focused and passionate about disrupting the EV mobility space and we see immense synergies in this partnership. At VE Commercial Vehicles as well, we recorded solid performance this quarter with strong sales and improved market share in the Buses and Heavy Duty trucks segment. We continue to remain focused on expanding our distribution and service network and deliver consistent uptime to our customers” Result PDF