Eicher Motors, the two-wheeler and commercial vehicle manufacturer announced on August 9 that it posted a 25.3 percent rise in net profit in the June quarter.
The Delhi-based maker of Royal Enfield bikes posted a consolidated net profit of Rs 576.18 crore in the reporting quarter as against Rs 459.62 crore posted in the same quarter last year.
A Reuters poll of four analysts had estimated net profit to come in at Rs 597 crore.
The companyâ€™s consolidated revenue grew by 14.35 percent to Rs 2,534 crore during the reporting quarter as compared to Rs 2,216 crore posted in the same quarter last year.
Royal Enfield saw a volume surge of 22 percent to 225,361 units during the first quarter as against 183,998 units sold in the same quarter last year.