Overview
- Eicher Motors’ profit rose about 24–25% to Rs 1,369 crore as Royal Enfield logged a record 3,27,067 quarterly sales, with revenue up 45%.
- Hero MotoCorp reported net profit of Rs 1,393 crore and revenue of Rs 12,126 crore, with 16.91 lakh units sold and management citing a lift from GST reforms.
- Ashok Leyland delivered a record Rs 820 crore consolidated profit, aided by lower losses at Switch Mobility’s UK unit, and declared a 100% interim dividend.
- Voltas’ revenue fell 10% to Rs 2,347 crore and net profit dropped 74% to Rs 34.3 crore as heavy monsoon and GST‑driven purchase deferment hit cooling demand and margins.
- Tata Motors’ newly listed commercial‑vehicle business posted a Rs 867 crore consolidated net loss on mark‑to‑market hits to Tata Capital holdings despite 6% revenue growth, with the IVECO deal progressing through approvals.