Eicher Motors Q3 FY25 Results: Royal Enfield parent's PAT up 17.5% at Rs 1,170.5 crore, EBITDA grows 10%

Eicher Motors Q3 FY25 Results: Royal Enfield genitor Eicher Motors connected Monday staged a grounds quarterly show connected the backmost of unprecedented income crossed businesses. However, its top-as good arsenic bottom-lines astir met analysts' expectations. The institution registered grounds quarterly income volumes successful Royal Enfield and VECV. 

Eicher Motors Q3 FY25 Earnings: How the car elephantine fared connected the top-line and bottom-line fronts vs analysts' estimates  

The car large registered a consolidated nett net of Rs 1,170.5 crore for the 4th ended December 31, marking a 17.5 per cent increase implicit the corresponding play a twelvemonth ago. 

Its third-quarter gross expanded 19 per cent to Rs 4,973.1 crore connected a year-on-year basis, according to a regulatory filing.

According to Zee Business research, Eicher Motors was estimated to log a consolidated nett net of Rs 1,175 crore and gross of Rs 5,035 crore. 

Royal Enfield, a sbusidiary of Eicher Motors, clocked its highest-ever quarterly income volumes, astatine 2,69,039 motorcycles, up 17 per cent connected a year-on-year basis. 

VECV, a associated task betwixt Eicher Motors and the Volvo Group, logged a 1.5 per cent emergence successful its income to 21,012 units for the quarter. 

Eicher Motors Q3 Results: How the car shaper fared connected the operational front

Eicher Motors said its net earlier interest, taxes, depreciation and amortisation (EBITDA) grew 10 per cent to Rs 1,201 crore. 

Zee Business analysts had pegged Eicher's quarterly EBITDA astatine Rs 1,300 crore.    

Eicher Motors Management Commentary

Eicher Motors Managing Director Siddhartha Lal said the December 4th was "incredibly rewarding" for the institution "with an all-round grounds show crossed the board".

"We recorded our best-ever festive performance, introduced breathtaking caller motorcycles, and took our archetypal measurement into electrical mobility with the debut of our EV brand, Flying Flea. With a beardown and divers merchandise portfolio, we are good connected way to conscionable the evolving needs of riders crossed the world. Even arsenic the commercialized conveyance manufacture remained sluggish, VE Commercial Vehicles grew volumes quarter-on-quarter with strengthened marketplace stock successful each segments," said Lal.

With this momentum crossed some motorcycle and CV businesses, Eicher is assured of continued occurrence successful the aboriginal arsenic well, helium said. 

Eicher Motors Board Changes

Eicher Motors announced the assignment of Lal arsenic its board's Executive Chairman, pursuing the status of Chairman S Sandilya.

The committee besides appointed Vinod Aggarwal arsenic the Vice Chairman (Non-executive), and B Govindarajan arsenic the caller Managing Director of EML.

Aggarwal volition proceed to service arsenic MD and CEO of VE Commercial Vehicles while Govindarajan volition clasp his relation arsenic the CEO of Royal Enfield, said the company. 

The Eicher Motors committee besides appointed Ira Gupta and Arun Vasu arsenic Independent Directors. 

Eicher Motors Share Price News 

Earlier connected Monday, Eicher Motors shares ended weaker by Rs 43.4, oregon 0.8 per cent, astatine Rs 5,329.5 apiece connected BSE.  

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