Latest news with #Eicher
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Business Standard
9 hours ago
- Automotive
- Business Standard
Eicher Motors says rare earth shortage hit Royal Enfield output in Q1FY26
Eicher Motors, which manufactures Royal Enfield bikes, on Thursday said that a shortage of rare earth magnets impacted the production of some of its performance motorcycles during the first quarter of the financial year 2025-26 (Q1 FY26), Reuters reported. The shortage is attributed to China's export restrictions on rare earth magnets, imposed earlier this year. The company added that it has begun transitioning to alternative materials. 'We started working on the alternative material... at least about three or four months back. Now (the import of) that alternative material is not a major issue,' Eicher Managing Director B Govindarajan told analysts during a post-earnings call, as quoted by Reuters. The models that were impacted due to the shortage include the Himalayan, Scram, and newly launched Guerrilla, the report added. Other Indian manufacturers, such as TVS Motor and Ola Electric, are also exploring alternatives to rare earth magnets. A senior Maruti Suzuki executive described the shortage as a 'challenging situation' and said engineers are actively working to minimise its impact. China controls 90 per cent of the global production of rare earth magnets and more than 70 per cent of rare earth elements, which go into the making of magnets. Eicher Motor Q1 FY26 result Eicher reported a 9.4 per cent year-on-year rise in consolidated net profit to ₹1,205 crore for the quarter ended June 30. The company's revenue from operations rose 14.8 per cent to ₹5,042 crore, its highest ever for a first quarter, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) increased to ₹1,203 crore. Royal Enfield recorded a 14.7 per cent growth in sales, delivering 261,326 motorcycles in Q1 FY26, compared to 227,736 units in the same quarter last year. Meanwhile, VE Commercial Vehicles (VECV)—a joint venture between Eicher and Volvo Group—posted revenue of ₹5,671 crore, up 11.9 per cent year-on-year. VECV's Ebitda rose 32.6 per cent to ₹511 crore, as it sold 21,610 vehicles during the quarter, compared to 19,702 in the previous year.
Business Recorder
13 hours ago
- Automotive
- Business Recorder
India's Royal Enfield motorcycle maker posts quarterly profit beat
Indian automaker Eicher Motors reported a bigger-than-expected quarterly profit on Thursday, helped by strong demand for its premium motorcycles and commercial vehicles. The company, which makes Royal Enfield motorcycles, clocked a profit of 12.05 billion rupees ($137.6 million) in the quarter ended June 30, compared with 11.01 billion rupees a year earlier. Analysts expected Eicher to deliver a profit of 11.17 billion rupees, per data compiled by LSEG.
Time of India
3 days ago
- Automotive
- Time of India
Eicher Trucks and Buses launches Pro Plus range for light and medium duty segment
Eicher Trucks and Buses , a division of VE Commercial Vehicles (VECV), has launched its new Eicher Pro Plus Series aimed at India's light and medium duty (LMD) trucking market. Announced on July 29, 2025 in Pithampur, Madhya Pradesh, the new range is designed to address evolving logistics requirements through improvements in payload capacity, fuel efficiency , digital connectivity, and operational flexibility. The new series builds upon the established Eicher Pro platform and features factory-fitted air-conditioned cabins, extended cargo body options, and full integration with Eicher's connected platforms—Eicher Live and the MyEicher app, the company said in a statement. These allow real-time diagnostics and fleet tracking, supported by a nationwide dealer and service network. The company states that these enhancements are intended to improve overall productivity for fleet operators. Vishal Mathur, Executive Vice President of Light & Medium Duty Trucks at VECV, said, 'With our continued focus on fuel efficiency, uptime, and digitalisation, the Plus range provides customers with a profitable combination of performance and sustainability. This range further enables us to lead with value, innovation, and customer-centricity in the LMD segment.' Models and specifications The Pro Plus range includes six different models catering to various transport needs. The Eicher Pro 3018XP Plus is an 18.25-tonne GVW truck with a 2.1-metre sleeper cabin and 160 HP engine, designed for long-haul and FMCG logistics. The Eicher Pro 2118XP Plus, also at 18.25 tonnes GVW, features a day cabin and is tailored for urban and intercity deliveries. The Eicher Pro 2059 Plus is a 7.5-tonne GVW vehicle intended for city-based logistics, offering a high payload and long cargo body. On the other hand, the Pro 2095XP Plus, with a GVW of 11.5 tonnes, provides multiple wheelbase and cargo configurations for sectors such as e-commerce and general cargo. The Eicher Pro 2049 Plus is a 5.5-tonne GVW truck focused on intra-city deliveries, noted for its tight turning radius and cargo space. Lastly, the Eicher Pro 2110XPT Plus is a 14-tonne tipper variant for construction and infrastructure applications, equipped with a 160 HP engine and 500 Nm torque. With this launch, Eicher aims to position itself not only as a commercial vehicle manufacturer but as a provider of transport solutions that combine connected technology and application-specific design to support the country's growing logistics ecosystem.
Time of India
7 days ago
- Automotive
- Time of India
Eicher Motors Share Price Live Updates: Eicher Motors experiences a dip in returns
25 Jul 2025 | 09:21:46 AM IST Stay informed with the Eicher Motors Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on Eicher Motors, including: Last traded price 5440.5, Market capitalization: 149988.55, Volume: 15365, Price-to-earnings ratio 31.68, Earnings per share 172.63. Our liveblog combines fundamental and technical insights to provide a holistic view of Eicher Motors's performance. Stay ahead of the market with breaking news that can influence Eicher Motors's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the Eicher Motors Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 09:21:46 AM IST, 25 Jul 2025 Show more
Time of India
24-07-2025
- Automotive
- Time of India
Eicher Motors Share Price Live Updates: Eicher Motors sees a positive shift in price
24 Jul 2025 | 09:55:49 AM IST Discover the Eicher Motors Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a top-performing stock. Keep track of Eicher Motors's latest details, including: Last traded price 5485.0, Market capitalization: 150454.78, Volume: 50184, Price-to-earnings ratio 31.78, Earnings per share 172.63. Our liveblog offers a holistic view of Eicher Motors by examining both fundamental and technical indicators. Stay ahead of market trends with breakingnews that can impact Eicher Motors's performance. Our market analysis and expert opinions provide valuable insights to guide your investment decisions. Join us on the Eicher Motors Stock Liveblog and stay informed in this dynamic market landscape. The data points are updated as on 09:55:49 AM IST, 24 Jul 2025 Show more
