Eicher Motors net profit rises 4% during September quarter to Rs 573 crore
Updated : November 09, 2019 06:14 AM IST
The company, which sells motorcycles under the Royal Enfield brand, had reported a net profit of Rs 548.76 crore in the July-September period of 2018-19.
Royal Enfield sold 1,63,390 motorcycles in the quarter, a decline of 22 percent from 2,09,963 motorcycles sold over the same period in the last financial year.
Its PAT (profit after tax) for the second quarter declined 89 percent to Rs 15 crore from Rs 142 crore recorded in the year-ago period.
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