Eicher Motors sold 56,958 units of Royal Enfield motorcycles in September 2016 in the domestic market, 29.7 percent more than the 43,741 units sold in September 2015. Exports rose 18 percent to 884 units from 750 motorcycles last September, the company said in a statement on Saturday.
Cumulatively, Eicher Motors has sold 3.14 lakh Royal Enfield motorcycles in the first five months of the current fiscal (April-August 2016), 34 percent more than 2.34 lakh units sold in the corresponding period last year. Exports increased 55 percent to 7,274 units in comparison to 4,686 units sold in the first five months last fiscal, according to the statement.
The company had sold 54,735 units in August 2016 in the domestic market, up 31.5 percent from 41,600 units in the corresponding month last year, while exports registered a growth of 30 percent at 986 units.
Eicher Motors shares closed at Rs. 24,917.40 apiece on Friday on the Bombay Stock Exchange, 0.23 percent higher than their Thursday close.
TVS Motor Co., Bajaj Auto, Hero Motocorp, Honda Motorcycle and Scooter India (HMSI), Yamaha and Suzuki are yet to declare their September volume sales.