Eicher Motors Limited has reported its highest-ever annual and quarterly financial performance for the year ending March 31, 2025, marking a significant milestone in both its Royal Enfield and VE Commercial Vehicles (VECV) businesses. The company recorded consolidated revenues of INR 5,241 crore for Q4 FY25, a 23.1% year-on-year increase. EBITDA stood at INR 1,258 crore, while profit after tax reached INR 1,362 crore, showing a 27.3% growth over the same period last year.
For the full financial year, Eicher Motors reported it’s best-ever results, with revenues touching INR 18,870 crore, up by 14.1%. Annual EBITDA rose to INR 4,712 crore, and profit after tax climbed to INR 4,734 crore, reflecting an 18.3% year-on-year increase. The Board has recommended a final dividend of INR 70 per share, marking a 34% rise from the previous year.
Royal Enfield’s performance was particularly noteworthy. The brand crossed the one million annual sales mark for the first time, with total volumes reaching 1,002,893 units—a 10% year-on-year growth. Domestic sales rose by 8.1% to 902,757 units, while exports surged nearly 30% to 100,136 units. The brand introduced six new models during the year, including the Bear 650 and Guerrilla 450, and launched its first dedicated electric mobility brand, Flying Flea. The electric line-up, comprising FF-C6 and FF-S6, is expected to launch in FY26.
VE Commercial Vehicles also recorded a strong performance despite a sluggish market. VECV reported revenue from operations of INR 23,548 crore, a 7.7% increase over FY24. The unit sold 90,161 vehicles, registering a 5.4% rise. EBITDA rose to INR 2,023 crore, and PAT reached INR 1,286 crore. VECV maintained its leadership in the 5-18.5 tonne light and medium-duty truck category and saw its highest-ever deliveries across key business segments.
Key commercial launches included the Eicher Pro X electric-first small truck and India’s first FM Road Train by Volvo Trucks, aimed at boosting hub-to-hub logistics. VECV also began deliveries of LNG-powered trucks, underscoring its commitment to cleaner fuel alternatives.
On the global front, Royal Enfield expanded its presence with a new CKD facility in Thailand and announced another in Brazil. It also operationalised a new manufacturing facility and flagship showroom in Bangladesh, assembling the Hunter 350, Meteor 350, and Classic 350 models for the local market.
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