Eicher Motors Q2 profit up 15% but falls short of analyst estimates
Eicher Motors posted a 15% rise in second-quarter consolidated net profit, yet it missed analyst forecasts. Record Royal Enfield sales supported revenue growth.
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what happened
Eicher Motors reported second-quarter consolidated net profit up 15% year on year, but the figure came in below analyst expectations. According to Moody's, profit reached 1,573 crore against an estimate of 1,626 crore compiled by LSEG.
Revenue from operations climbed 20% to 7,422 crore, and EBITDA rose 16% to a record 1,760 crore. Royal Enfield's record sales of 376,722 motorcycles, up 15% from a year earlier, helped drive the gains, while expenses jumped nearly 22% on higher input costs.
VE Commercial Vehicles lifted revenue 24% to 7,569 crore, with EBITDA up 23% to 588 crore and profit after tax rising to 342 crore from 249 crore. VECV's sales grew 28.2% to 28,071 vehicles.
why it matters
Strong revenue and sales growth alongside a profit shortfall suggests rising costs are eating into demand gains. The company raised Royal Enfield prices by 1.75% earlier this year to partly offset higher input costs.
market impact
Eicher Motors shares: profit miss despite strong sales puts pressure on the stock
- Eicher Motors shares pressure down — profit below analyst estimates as input costs rise
tags
instruments
sources
- Eicher Motors Q2 Net Rises 15%, But Misses Estimates — Moody's, 14 November 2026 at 04:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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