Latest news with #B.Govindarajan
India Today
01-07-2025
- Automotive
- India Today
Royal Enfield clocks 22% sales growth in June 2025, 89,540 units sold
Royal Enfield continues to accelerate its growth trajectory, recording monthly sales of 89,540 motorcycles in June 2025, a 22% year-on-year increase from 73,141 units in June 2024. Domestic sales stood at 76,957 units, reflecting a 16% growth, while exports surged by 79%, with 12,583 units shipped compared to 7,024 units in the same month last the year-to-date performance, the brand sold 2,65,528 motorcycles, registering a 17% growth over the 2,26,907 units sold during the same period in the previous fiscal year. Exports in the first quarter alone reached 36,749 units, up 65% from last year's 22, on the performance, B. Govindarajan, CEO of Royal Enfield and Managing Director, Eicher Motors, said, "We saw strong double-digit growth in June, reflecting the steady momentum we have built across markets. Our motorcycles continued to perform well not just in India but in several key global markets, driven by a growing community of riders who resonate with our brand and purpose. We are confident of the growth momentum and are looking forward to building on this growth with a sharp focus on innovation, quality, and delivering a pure motorcycling experience." In terms of community engagement, Royal Enfield flagged off the 21st edition of the Himalayan Odyssey on June 30, 2025. Covering 2,600 km across 18 days, the expedition features 77 riders traversing Ladakh, Spiti, and Zanskar, including Umling La, the highest motorable pass in the world. Supported by a medical and logistics framework, the ride celebrates the spirit of endurance, adventure, and responsible a move aligned with its sustainability vision, the company also introduced the 'Conscious Collection' under its Green Pursuit initiative. Crafted using recycled materials, Himalayan grass fibre, organic cotton, and natural dyes, the new apparel line embodies eco-conscious values, aiming to transform waste into wearable expression while promoting sustainable in 1901, Royal Enfield is the oldest motorcycle brand in continuous production. Known for its rugged and accessible mid-size motorcycles, the brand's line-up includes popular models like the Hunter 350, Classic 350, Bullter 350, Meteor 350, Himalayan 450, Bear 650, Continental GT 650, Interceptor 650, Classic 650 and Shotgun 650. With over 2,000 stores in India and 850 retail touchpoints globally across 60+ countries, the company also operates technical centres in the UK and India, and six CKD assembly units to Auto Today Magazine- Ends
NDTV
12-06-2025
- Automotive
- NDTV
Royal Enfield CEO Tests Upcoming Himalayan 750 And Himalayan EV; Pics
Royal Enfield has been working on expanding its motorcycle lineup with the addition of new products. It's no secret, two new models on the list are the Himalayan 750 and the Himalayan Electric (also known as the HIM-E). Until now, both of these motorcycles have only been seen in the spy shots. Now, Royal Enfield has officially teased these motorcycles while revealing the ongoing tests in the Himalayan range. It is to be noted that these units seem to be very close to their production form, and are being tested by top bosses at RE, including CEO B. Govindarajan. Based on the pictures, it seems like the Royal Enfield team is leaving no stones unturned, putting the motorcycles through the tough off-road test at the Khardung La Pass in Ladakh. While the manufacturer shared the pictures of both motorcycles on social media, they still did not reveal official names or any details of the products. Furthermore, most of the design details of both units have also been kept under the veil as the units were covered in camouflage. The bigger Royal Enfield Himalayan 750 will likely have a 750 cc engine, which is expected to put out around 50-55 hp of power, while the torque rating will also see a bump. Meanwhile, the design language will be very similar to the 450 cc version with changes in the dimensions and a few details. It is also expected to have a better suspension setup with more travel. They are also likely to offer adjustability. View this post on Instagram A post shared by Royal Enfield (@royalenfield) Meanwhile, the Royal Enfield Himalayan Electric (HIM-E) is likely to be much closer to its 450 cc ICE cousin. Although the design will have its differences because of the change in the powertrain. Furthermore, we can expect it to be a bit more sophisticated in terms of features. All of this will likely result in a bigger number on the price tag.
Time of India
04-06-2025
- Business
- Time of India
Royal Enfield's Cheyyar plant set to become an all-women facility
Gender inclusivity is the new mantra which Royal Enfield wants to embrace fully as the motorcycle maker works towards making its Cheyyar plant in Tamil Nadu an all-women facility. Royal Enfield's CEO, B. Govindarajan, in his social media post, recently shared that the company is focusing on bringing diversity at its manufacturing facilities. "At Cheyyar, we've built our first all-women assembly line and the energy there is something else," Govindarajan wrote, and added that the company is working towards making Cheyyar Royal Enfield's first all-women plant, with a 100 per cent female workforce. Notably, the company's Vallam facility-- also in Tamil Nadu--has the highest number of women employees at any single Royal Enfield facility, accounting for 26 per cent of the workforce there. The two-wheeler maker's CEO and also the MD of Eicher Motors further stated in the post that the organisation's gender diversity ratio stood at around 5 per cent some years ago, and is presently close to 20 per cent. "In FY25 alone, 24 per cent of our new hires were women, surpassing our overall gender diversity target for the year," he noted. In the ongoing calendar year 2025, so far, about 3,90,171 Royal Enfield two-wheelers have been registered in India, according to the Vahan Portal . These figures last year stood at 8,16,741 units, while in 2023 the number was 7,85,342 units. Other vehicle makers, including Tata Motors and MG Motor India , have previously shared announcements around improving the diversity ratio across different functions. For instance, Tata Motors during 2023, had announced an all women assembly line at its Pune Plant. MG Motor India, on the other hand, has close to 40 per cent women in its workforce at its Halol, Gujarat plant.
Business Standard
15-05-2025
- Automotive
- Business Standard
Eicher Motors gains after Q4 PAT climbs 27% YoY; recommends final dividend of Rs 70 /sh
Eicher Motors added 1.25% to Rs 5,515.25 afte the company reported a 27.25% increase in consolidated net profit to Rs 1,362.15 crore in Q4 FY25 as against Rs 1,070.45 crore posted in Q4 FY24. Total revenue from operations rose 23.14% YoY to Rs 5,241.11 crore in the quarter ended 31 March 2025. Profit before tax (PBT) jumped 20.51% YoY to Rs 1,669.16 crore during the quarter. The company reported an EBITDA of Rs 1,258 crore in Q4 FY25, registering an 11.4% YoY increase. Royal Enfield achieved its highest-ever quarterly sales, with 2,80,801 motorcycles sold in Q4 FY25, marking a 23.2% growth over Q4 FY24. On a full-year basis, the companys consolidated net profit grew by 18.33% to Rs 4,734.44 crore, on a 14.11% increase in total revenue to Rs 18,870.35 crore in FY25 over FY24. Royal Enfield reached a landmark milestone by crossing 1 million annual sales for the first time. Total volumes stood at 1,002,893 units, a 10.0% YoY increase. Domestic sales grew by 8.1% to 902,757 units, while international volumes increased by 29.7%, with 100,136 motorcycles exported. VE Commercial Vehicles (VECV) reported revenue from operations of Rs 23,548 crore, reflecting a 7.7% growth over the previous year. EBITDA stood at Rs 2,023 crore, and profit after tax (PAT) rose to Rs 1,286 crore. VECV sold 90,000 units in FY25, a 5.4% increase over FY24. Siddhartha Lal, Chairman, Eicher Motors, said, We have had a remarkable year at EML and have reported exceptional performance across both Royal Enfield and VE Commercial Vehicles. In the motorcycle business, the middleweight segment saw a lot of action from our peers. Remaining unfazed and maintaining focus on our strategic goals and community, Royal Enfield stood head and shoulders above everyone else to sell one million motorcycles annually, for the first time in its history. With several global award winning and category defining motorcycles now sitting within the Royal Enfield portfolio, we are super excited and confident about the possibilities that lie ahead of us. At VECV also we saw record-breaking volumes and a strong performance despite the prevailing challenging market conditions. What excites me the most is that we have done it all quietly, consistently and with a sense of purpose. We balanced creativity with rigour, legacy and progress in a way thats unique to our company and I genuinely believe we are just getting started. B. Govindarajan, MD of Eicher Motors and CEO of Royal Enfield, said, FY25 was an incredible year for Eicher Motors and Royal Enfield. We delivered our best-ever financial performance and despite a slow start to the year, we built strong momentum in the second half, launching six new motorcycles, achieving a record festive season and seeing healthy demand across all our products. We also strengthened our international footprint, with consolidated exports surging 29.7% to 1,00,136 units and opened new CKD operations. We were honoured to be ranked highest by JD Power in overall two-wheeler initial quality, which reinforces our long-term focus on product quality. We also marked our entry into electric mobility with Flying Flea, our city+ EV brand that brings together timeless design and modern tech. Its been a year of growth, resilience and execution and we are excited for what lies ahead. Vinod Aggarwal, MD & CEO of VE Commercial Vehicles, said, VECV continued to outperform a nearly flat industry in FY25, with vehicle sales growing 6% to 90,161 units. Revenue from operations for the year exceeded 23,500 crores and EBIDTA improved to 8.8% with 57% growth in PAT. Our company closed the year as a market leader in the Indian 5-18.5T Light and Medium Duty truck segment and recorded its highest ever deliveries across key business verticals. Building on our vision of driving modernization, Eicher Trucks and Buses entered the small commercial vehicle segment with the launch of the Eicher Pro X range of electric-first small trucks which is assembled on an all-woman final assembly line, underscoring our commitment to sustainability and inclusivity. Volvo Trucks introduced Indias first FM Road Train, designed to meet the growing demand for efficient and safe hub-to-hub logistics in line with the PM Gati Shakti initiative. Additionally, both Volvo and Eicher began deliveries of LNG-powered trucks, providing cleaner alternatives for long-haul operations to customers. Eicher Trucks and Buses also expanded its EV offerings during the year." Meanwhile, the companys board has recommended a final dividend of Rs 70 per share for the financial year ended March 31, 2025, which is 34% higher than that of FY2024. 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.
New Indian Express
14-05-2025
- Automotive
- New Indian Express
Royal Enfield to launch first EV 'Flying Flea' in January-March quarter of FY26
Royal Enfield will be launching its first electric motorcycle under the EV sub-brand 'Flying Flea' during the January–March quarter of the financial year 2026. The bikemaker's foray into the electric vehicle (EV) space will commence with the C6 model, followed by the launch of the S6. 'We are currently in the testing phase… We are looking to launch in the fourth quarter of FY26,' said Eicher Motors Managing Director B. Govindarajan on Wednesday. He added that Royal Enfield will soon decide whether they will be selling their first EV with the existing retail format, set up exclusive stores, or adopt a direct-to-consumer model. Royal Enfield, which also has a strong global presence, said that it is closely tracking development related to the U.S. tariff policy and is taking steps to mitigate near-term disruptions. The company has stocked US dealerships with pre-tariff inventory to ensure product availability. 'For this reason, we have stocked inventory—even with pre-tariff motorcycles—which are capable of catering to the season, which is here and now. For other markets also, we are constantly monitoring the tariff situation,' said Govindarajan. He added that Royal Enfield will continue growing international markets slowly and steadily.
