ICICI Securities Ltd | Retail Equity Research Eicher Motors reported a subdued Q3FY19 performance Consolidated revenues for Q3FY19 were at | 2,341 crore (up 3.4% YoY). ASPs for Royal Enfield (RE) were at | 1.19 lakh/unit, up 10.4% YoY while sales volumes were at 1.94 lakh units, down 5.9% YoY. ASPs were higher due to introduction of ABS in certain models EBITDA came in at | 680 crore (down 5.4% YoY) with corresponding EBITDA margins at 29.0% (down 270 bps YoY, down 126 bps QoQ)...