Eicher Motors posts record Q1 revenue of Rs 50.42 Bn in FY26
ECONOMY & POLICY

Eicher Motors posts record Q1 revenue of Rs 50.42 Bn in FY26

Eicher Motors (EML) has announced its unaudited consolidated financial results for the quarter ended June 30, 2025, delivering its best-ever first-quarter performance in terms of revenue.

For Q1 FY26, Eicher Motors reported revenue from operations of Rs 50.42 billion, a 14.8 per cent increase over Rs 43.93 billion in Q1 FY25. EBITDA grew by 3.2 per cent to Rs 12.03 billion, while Profit After Tax (PAT) rose by 9.4 per cent to Rs 12.05 billion. Royal Enfield sold 261,326 motorcycles during the quarter, marking a 14.7 per cent increase from 227,736 units in the same period last year.

Strong growth in VECV

VE Commercial Vehicles (VECV) recorded revenue* of Rs 56.71 billion, up 11.9 per cent from Rs 50.70 billion in Q1 FY25. EBITDA* rose 32.6 per cent to Rs 5.11 billion. VECV sold 21,610 vehicles in the quarter, up from 19,702 units a year ago.
*Note: VECV’s revenue and EBITDA are not consolidated into EML’s financials. The company’s share of VECV’s profit is accounted for under EML’s consolidated PAT.

Leadership comments

B Govindarajan, Managing Director of Eicher Motors and CEO of Royal Enfield, said,
“At Eicher Motors, we’ve had a solid start to the year, with encouraging growth across both Royal Enfield and VECV. Royal Enfield has maintained its momentum, driven by product innovation, immersive riding experiences, and deeper community engagement. The refreshed Hunter 350 remains a key growth driver. Our global expansion also continued, with the Classic 350 launched in Nepal. Meanwhile, VECV delivered consistent growth backed by a strong product portfolio and sustainable mobility solutions.”

Vinod Aggarwal, MD and CEO of VECV and Vice Chairman of Eicher Motors Ltd., added,
“VECV delivered its best-ever Q1 with 21,610 units, capturing an improved market share of 18.7 per cent. Leadership continued in LMD trucks (34.5 per cent share), and our bus segment saw 14.8 per cent growth. Exports rose 20.5 per cent, and deliveries of the all-electric Eicher Pro X gained traction. Though PAT was lower due to a one-off deferred tax reversal in Q1 FY25, overall profitability improved on better volumes, pricing, and cost discipline.”

Eicher Motors (EML) has announced its unaudited consolidated financial results for the quarter ended June 30, 2025, delivering its best-ever first-quarter performance in terms of revenue.For Q1 FY26, Eicher Motors reported revenue from operations of Rs 50.42 billion, a 14.8 per cent increase over Rs 43.93 billion in Q1 FY25. EBITDA grew by 3.2 per cent to Rs 12.03 billion, while Profit After Tax (PAT) rose by 9.4 per cent to Rs 12.05 billion. Royal Enfield sold 261,326 motorcycles during the quarter, marking a 14.7 per cent increase from 227,736 units in the same period last year.Strong growth in VECVVE Commercial Vehicles (VECV) recorded revenue* of Rs 56.71 billion, up 11.9 per cent from Rs 50.70 billion in Q1 FY25. EBITDA* rose 32.6 per cent to Rs 5.11 billion. VECV sold 21,610 vehicles in the quarter, up from 19,702 units a year ago.*Note: VECV’s revenue and EBITDA are not consolidated into EML’s financials. The company’s share of VECV’s profit is accounted for under EML’s consolidated PAT.Leadership commentsB Govindarajan, Managing Director of Eicher Motors and CEO of Royal Enfield, said,“At Eicher Motors, we’ve had a solid start to the year, with encouraging growth across both Royal Enfield and VECV. Royal Enfield has maintained its momentum, driven by product innovation, immersive riding experiences, and deeper community engagement. The refreshed Hunter 350 remains a key growth driver. Our global expansion also continued, with the Classic 350 launched in Nepal. Meanwhile, VECV delivered consistent growth backed by a strong product portfolio and sustainable mobility solutions.”Vinod Aggarwal, MD and CEO of VECV and Vice Chairman of Eicher Motors Ltd., added,“VECV delivered its best-ever Q1 with 21,610 units, capturing an improved market share of 18.7 per cent. Leadership continued in LMD trucks (34.5 per cent share), and our bus segment saw 14.8 per cent growth. Exports rose 20.5 per cent, and deliveries of the all-electric Eicher Pro X gained traction. Though PAT was lower due to a one-off deferred tax reversal in Q1 FY25, overall profitability improved on better volumes, pricing, and cost discipline.”

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code