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Eicher Motors Share Price Dips 5.27%; Reports 18% YoY PAT Growth in Q3 FY25

Written by: Nikitha DeviUpdated on: Feb 11, 2025, 10:01 AM IST
Eicher Motors reported Q3 FY25 Revenue up 19% to ₹4,973 crore, PAT up 18% to ₹1,171 crore. Royal Enfield, VECV hit record sales volumes with strong growth.
Eicher Motors Share Price Dips 5.27%; Reports 18% YoY PAT Growth in Q3 FY25
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Eicher Motors Limited (EML) announced its unaudited consolidated financial results for the quarter ended December 31, 2024, stating it as its best-ever quarterly performance.

On February 11, 2025, Eicher Motors share price opened at ₹5,138.85, down from its previous close of ₹5,335.35. At 9:50 AM, the share price of Eicher Motors was trading at ₹5,054.00, down by 5.27% on the NSE.

Q3 FY25 Financial Performance

For Q3 FY25, EML reported a 19% year-on-year growth in Revenue from Operations, reaching ₹4,973 crore compared to ₹4,179 crore in Q3 FY24. EBITDA increased by 10% to ₹1,201 crore from ₹1,090 crore, while Profit After Tax (PAT) surged 18% to ₹1,171 crore from ₹996 crore in the same period last year.

Royal Enfield recorded its highest-ever quarterly sales volume, delivering 2,69,039 motorcycles, reflecting a 17% growth over the 2,29,214 motorcycles sold in Q3 FY24.

VE Commercial Vehicles’ Strong Growth

VE Commercial Vehicles (VECV) reported a 6% increase in Revenue from Operations, reaching ₹5,801 crore compared to ₹5,483 crore in Q3 FY24. EBITDA grew 16% to ₹509 crore from ₹437 crore, while PAT saw a 44% growth, reaching ₹301 crore from ₹209 crore. VECV achieved its highest-ever quarterly sales volumes, delivering 21,012 vehicles, up from 20,706 units in the corresponding quarter.

Speaking on Royal Enfield’s performance, the CEO of Royal Enfield and Wholetime Director, B. Govindarajan, said, “Royal Enfield has continued to strengthen its position in the mid-size motorcycle segment recording its best-ever quarter, driven by robust demand for our motorcycles across the globe. Our performance in the last quarter is a result of the groundwork we put in throughout the year, preparing for key launches and optimizing operations to ensure we were ready to deliver at this scale, especially during the festive season in India.”

He stated that Eicher Motors’ focused approach has driven sustained growth across its product portfolio, making the Hunter 350 one of the fastest-growing motorcycles globally, with over 5,00,000 satisfied customers. The company also celebrated its passion for motorcycling at the annual Motoverse event, which brought together more than 10,000 riding enthusiasts.

“In a bid to further strengthen our global presence, we’ve set up our first fully owned CKD facility outside India in Thailand. Our investments in Thailand reinforce our commitment to growing in the Asia-Pacific region. As we move forward, we will continue to deliver exceptional motorcycles and meaningful experiences for motorcycling enthusiasts across the world,” said B. Govindarajan.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 11, 2025, 9:54 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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