The company had registered sales of 73,117 units in July 2023.
While the sales of models with engine capacity upto 350cc declined by 12% to 56,590 units, sales of models with engine capacity exceeding 350cc increased by 22% to 10,675 units in July 2024 as compared with July 2023.
International Business division recorded sales 6,057 units in July 2024, down 14% on YoY basis.
Eicher Motors’ unlisted subsidiary VE Commercial Vehicles (VECV) recorded total sales of 6,622 units in July 2024, which is higher 12.7% as compared with the sales of 5,877 units sold in July 2023.
VECV’s total domestic and export sales during the period under review amounted to 6,044 units (up 13.8% YoY) and 400 units (down 5.9% YoY), respectively.
Volvo Trucks & Buses sales aggregated to 178 units in July 2024, up 26.2% on YoY basis.
Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space.
The company's consolidated net profit increased 18.21% to Rs 1,070.45 crore on 11.87% rise in revenue from operations stood to Rs 4,256.04 crore in Q4 FY24 over Q4 FY23.