Eicher Motors, the proud parent of Royal Enfield, just dropped a juicy earnings bomb: ₹1,362 crore net profit for the Jan–Mar quarter — up 27.3% year-on-year. Meanwhile, most of us are still figuring out how to afford petrol.
The stock didn’t go ballistic today, but its fundamentals sure did.
🚦What’s driving this beast?
The answer, quite literally, is torque. Royal Enfield continues to dominate the premium bike segment in India and now abroad — especially in Southeast Asia and Latin America.
- Royal Enfield Sales (Q4): 2.4 lakh units
- Export
- Growth: 19%
- Average Price per Unit: ₹1.9 lakh
What’s more? Eicher’s VECV (commercial vehicle JV) is also doing solid business in the truck segment — a rare mix of luxury bikes and rugged cargo movers.
💰 Dividend news: ₹70/share
That’s right. Eicher just announced a ₹70 per share dividend. That’s a fat bonus if you’ve been holding since the ₹3,000
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