Auto stock posted an 8% YoY growth in standalone PAT to ₹1,010 crore for Q2 FY25, with revenue up 7% to ₹4,205 crore. Despite stable EBITDA, the company advanced in electric mobility and maintained leadership in the Light and Medium Duty segment.
Share Price movement of Eicher Motors Ltd:
As of November 14, Eicher Motors Ltd stock opened at ₹4,725.45, reached an intraday high of ₹4,963.50, and hit a low of ₹4,705.30 before closing at ₹4,932.00, reflecting significant volatility in the trading session.
Eicher Motors Q2 Results:
Eicher Motors reported an 8% YoY growth in standalone PAT at ₹1,010 crore for Q2 FY25, with revenue rising 7% to ₹4,205 crore. On a consolidated basis, PAT grew 8% to ₹1,100 crore, while revenues increased 4% YoY to ₹4,263 crore.
Consolidated EBITDA for the quarter was flat at ₹1,088 crore, with margins dropping to 25.5%. Royal Enfield sales decreased slightly to 2.25 lakh motorcycles. The brand entered the EV market with Flying Flea models, targeting the electric motorcycle segment’s growth.
VECV’s revenue rose 8% YoY to ₹5,538 crore, with EBITDA at ₹395 crore and PAT at ₹209 crore. The segment led the Light and Medium Duty market despite competitive pressures and a 10.8% drop in CV industry volumes during the period.
Eicher Motors shares closed nearly 3% lower at ₹4,598.8 on NSE, reflecting market sentiment despite the company’s diversification into electric mobility and steady growth in VECV operations.
Recent news About Eicher Motors Ltd:
Royal Enfield, a part of Eicher Motors, unveiled its first electric motorcycle, Flying Flea C6, under a new brand on November 13, 2024. The move highlights innovation with 28 patents, aiming to redefine the global electric motorcycle market with urban and city-focused EVs.
Stock performance of Eicher Motors Ltd for Period of 1 week, 6 months and 1 year:
Eicher Motors’ stock declined by 0.79% over the past week and dropped 4.96% in the last six months. However, it showed a solid annual return of 27.8%, reflecting steady long-term performance despite short-term fluctuations.
Shareholding pattern of Eicher Motors Ltd:
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 49.1 | 49.11 | 49.15 |
| FII | 27.61 | 28.81 | 28.95 |
| DII | 13.77 | 11.94 | 11.14 |
| Retail & others | 9.52 | 10.14 | 10.77 |
About Eicher Motors Ltd Industries:
Eicher Motors Ltd is a leading Indian automotive company specialising in motorcycles, commercial vehicles, and engineering solutions. Known for its iconic Royal Enfield brand, it focuses on innovation, quality, and sustainable mobility, serving global markets across segments like mid-sized motorcycles, trucks, and buses.
