ICICI Securities Ltd | Retail Equity Research Eicher Motors reported its Q2FY18 numbers that were operationally above estimates. Revenues for Q2FY18 came in at | 2167 crore (up 23.2% YoY, 8.3% QoQ), below our estimates of | 2208.2 crore. The miss on revenues is due to lower than estimated ASPs in RE business. The Royal Enfield (RE) volumes grew strongly at 21.7% YoY to 202744 units, VECV volumes were up 13% to 15017 units EBITDA came in at | 683 crore (up 24.7% YoY, 10% QoQ) against our...