Royal Enfield sales volumes increased 18.8% yoy to 2,06,000 units, aided by additional capacity and good demand while commercial vehicle volumes grew 37.7% yoy to 16,231 units. The company's margins registered a drop due to increased employee and other cost (all items as a % to sales, net of stock) during Q3 FY 17-18. The raw material cost as % of sales net of stock adjustments fell 80bps to 49.9%. The employee cost (as a % of sales, net of stock) increased 15bps to 5.98%. Other expense (as a % of sales, net of stock) increased to 11.5% as...