Eicher Motors Q2 results: Net profit rises 24% to ₹1,369 crore, EBITDA jumps 39%, margin contracts by 100 bps

Eicher Motors, the maker of Royal Enfield motorcycles, on Thursday, November 13, reported net profit of ₹1,369 crore in the second quarter of current financial year, marking an increase of 24% from ₹1,100 crore in the same period last year.

The Delhi-based two-wheeler marker's revenue from operations advanced 45% to ₹6,172 crore in July-September period from ₹4,263 crore in the year-ago period.

Eicher Motors reported mixed operational performance as its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also known as operating profit jumped 39% to ₹1,512 crore in September quarter as against ₹1,088 crore a year earlier but its EBITDA margin contracted by 100 basis points to 24.5%.

Royal Enfield recorded its highest-ever quarterly sales of 3,27,067 motorcycles, up 45% from 2,25,317 motorcycles sold during second quarter of previous financial year.

VE Commercial Vehicles’ (VECV) revenue from operations in second quarter came in at ₹6,106 crore, up 10.3% from ₹5,538 crore. EBITDA rose 8% to ₹479 crores, from ₹395 crores a year ago. Profit after tax stood at ₹249 crore as against ₹208 crores last year. VECV recorded sales of 21,901 vehicles in the second quarter, up from 20,774 vehicles last year, Eicher Motors said in a press release.

"Royal Enfield introduced a series of exciting refreshes across its line-up. The Meteor 350 was introduced with enhanced style, comfort, and new features, including LED lighting, navigation, and upgraded elements. The Hunter 350 was launched in a striking new Graphite Grey colourway inspired by urban energy, while the Guerrilla 450 was introduced in a Shadow Ash edition, further strengthening its appeal among city riders. Together, these updates underscore Royal Enfield’s continued focus on design, performance, and personalization across its motorcycles," Eicher Motors said.

In a bid to strengthen its connect with the community, Royal Enfield concluded the 14th edition of its marquee global event, One Ride 2025, bringing together over 40,000 riders across 1,500 rides in 60+ countries for a global celebration of camaraderie and Pure Motorcycling, Eicher Motors added.

Eicher Motors shares ended 1.2% lower at ₹6,796.50 following its earnings announcement.