ICICI Securities Ltd | Retail Equity Research Eicher Motors reported its Q3FY18 numbers that were in line with estimates on the operational front but below estimates on the profitability front. Revenues for Q3FY18 came in at | 2269 crore (up 23.7% YoY, 4.7% QoQ), above our estimate of | 2227 crore. The beat on revenues is due to higher than estimated ASPs in RE business. The Royal Enfield (RE) volumes grew strongly at 18.9% YoY to 206,736 units while VECV volumes were up 12.2% to 16,231 units...