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Eicher Motors' Q2 Earnings: Here’s what to expect

Updated : November 08, 2019 09:20 AM IST

Royal Enfield's parent Eicher Motors is all set to announce its second-quarter results on Friday. The stock is up 50 percent from its 52-week low as some dealer checks indicate that inventory levels have gone down and sales are picking up in certain pockets. However, Q2 is expected to be a weak quarter for the company.

Here are the key things to keep in mind ahead of the result:

  • Royal Enfield’s volumes were down 21 percent year-on-year (YoY) and 10 percent quarter-on-quarter (QoQ).

  • The commercial vehicle volumes were down 40 percent.

  • Some price increases that the company undertook will improve realizations.

  • The softer input prices will help the margins a tad bit but overall it is going to be a weak quarter.
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