Eicher Motors Limited (EML) has announced its strongest-ever quarterly financial results for the second quarter of FY 2026-27, ended 30 September 2026. Consolidated revenue from operations grew 20 per cent year-on-year to reach a record ₹7,422 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 16 per cent to an all-time high of ₹1,760 crore, compared to ₹1,512 crore in Q2 FY26. Profit After Tax (PAT) increased 15 per cent year-on-year to ₹1,573 crore from ₹1,369 crore in the corresponding quarter last year.
Motorcycle division Royal Enfield powered core volume growth by delivering its highest-ever quarterly sales of 3,76,722 units, registering a 15 per cent increase over the 3,27,067 motorcycles sold in Q2 FY26. Portfolio expansion during the period included launching the Himalayan 440 at the inaugural Himalayan Base Camp in Ladakh, introducing the Classic 350 Gorkha Edition in India and Nepal, rolling out the 2026 Classic 350 with comfort enhancements and a Signature White shade, and updating the Continental GT 650. Collector demand remained strong, with all 25 India-allocated units of the limited-edition Shotgun 650 x Rough Crafts selling out within three minutes of registrations opening.
Royal Enfield continued to scale its electric vehicle and international operations during Q2 FY27. Dedicated electric mobility sub-brand Flying Flea launched the Flying Flea C6 across five European and UK cities, including Paris, Barcelona, Rome, Berlin, and London, while expanding its Bengaluru footprint to 10 sales and service centres alongside a new Parachute White colour option. Across overseas markets, Royal Enfield introduced the Guerrilla 450 APEX, Goan Classic 350, Bullet 650, and Himalayan Mana Black in the Philippines, Cambodia, Thailand, and Brazil. Furthermore, Royal Enfield secured the top ranking in the Two-Wheeler OEM category at the FADA Dealer Satisfaction Survey 2026 for the second consecutive year with 878 index points.
Also read: Royal Enfield Himalayan 750 Officially Revealed Ahead of EICMA 2026 Debut
Joint venture VE Commercial Vehicles (VECV) also posted its best-ever Q2 sales performance, delivering 28,071 units for a 28.2 per cent year-on-year expansion over 21,901 vehicles last year. VECV revenue from operations increased 24 per cent to ₹7,569 crore from ₹6,106 crore, while EBITDA climbed 23 per cent to ₹588 crore and net profit jumped 37 per cent to ₹342 crore. Commercial vehicle momentum was bolstered by the Eicher Pro X surpassing 5,000 cumulative sales, steady Volvo Trucks and Buses deliveries, and the inauguration of an AI-enabled Uptime Next Center in Pithampur, Madhya Pradesh.
