Royal Enfield sales up 21% at 64,459 units in July

Royal Enfield, the two-wheeler division of Eicher Motors, reported a 20.75 per cent increase in total sales at 64,459 units in July.

The company had sold 53,378 units in the same month last year, Eicher Motors said in a statement.

Exports during the month under review grew 4.16 per cent to 1,302 units as compared to 1,250 units in July 2016. The company has sold 2,48,457 units in the 2017-18 fiscal so far excluding the exports. Units exported so far in the year stood at 6,418.

The last 10 years proved to be a game changer for Royal Enfield maker Eicher Motors.

On July 31, 2017, Eicher Motors market capitalisation stood at Rs 81,776.67 crore against Rs 81,243.52 crore of Bajaj Auto and Rs 72,971.22 crore of Hero MotoCorp.

(Agencies)