2/3 Wheelers company Eicher Motors announced Q3FY25 results Revenue from operations surged 19% to Rs 4,973 crore from Rs 4,179 in Q3FY24. EBITDA grew 10% to Rs 1,201 crore from Rs 1,090 crore Profit After Tax rose 18% to Rs 1,171 crore from Rs 996 crore last year. Royal Enfield also recorded its highest-ever quarterly sales volume of 269,039 motorcycles, up 17% from 229,214 motorcycles sold during Q3FY24. Siddhartha Lal, Managing Director, Eicher Motors, said: “The past quarter has been incredibly rewarding for Eicher with an all-round record performance across the board. We recorded our best-ever festive performance, introduced exciting new motorcycles, and took our first step into electric mobility with the debut of our EV brand, Flying Flea. With a strong and diverse product portfolio, we are well on track to meet the evolving needs of riders across the world. Even as the commercial vehicle industry remained sluggish, VE Commercial Vehicles grew volumes quarter-on-quarter with strengthened market share in all segments. With this momentum across both motorcycle and commercial vehicle businesses, we are confident of continued success in the future as well." B. Govindarajan, CEO of Royal Enfield & Wholetime Director, EML, said: “Royal Enfield has continued to strengthen its position in the mid-size motorcycle segment recording its best-ever quarter, driven by a robust demand for our motorcycles across the globe. Our performance in the last quarter is a result of the groundwork we put in through the year—preparing for key launches and optimizing operations to ensure we were ready to deliver at this scale, especially during the festive season in India. Our focused approach ensured sustained growth for our capable products and propelled Hunter 350 to become one of the fastest growing motorcycles globally with 500,000 happy customers. We celebrated our love for motorcycling during our annual gathering of riding enthusiasts during Motoverse, which was attended by more than 10,000 riders. In a bid to further strengthen our global presence, we’ve set up our first fully owned CKD facility outside India in Thailand. Our investments in Thailand reinforce our commitment to growing in the Asia-Pacific region. As we move forward, we will continue to deliver exceptional motorcycles and meaningful experiences for the motorcycling enthusiasts across the world.” Vinod Aggarwal, MD and CEO, VECV, said: “VECV posted market-share gains in all segments and recorded a solid third quarter in a market that had still not recovered from the slowdown during the elections and uneven monsoon season. In the quarter, Eicher was #1 in market share in the Light and Medium duty truck segment and recorded its highest Q3 sales of buses. Reflecting our focus on delivering uptime and industry leading service support to customers, VECV recorded a growth of over 25% in parts sales over Q3 last year. With the recent ‘electric first’ launch of the Eicher Pro X small truck, VECV is well poised to lead the industry transition to sustainable and efficient last-mile logistics.” Result PDF