EICHERMOT Eicher Motors Q2 FY26 results (Jul–Sep 2025) and concall
Eicher Motors delivered record-breaking Q2 FY26 results driven by strong festive season demand and GST reduction on sub-350cc motorcycles. Royal Enfield dominated with 84% midsize motorcycle market share, with Classic 350 growing 24.5%, Meteor 350 growing 30%, Hunter growing 41%, and Bullet growing 70% YoY. VECV also posted strong results with improved margins and leadership in LMD trucks. Management is bullish on sustained demand momentum into H2, with capacity expansion underway.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q2 FY26: revenue up 44.8%, net profit up 24.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 4,263 | 4,973 | 5,241 | 5,042 | 6,172 +45% |
| EBITDA | 1,088 | 1,201 | 1,258 | 1,203 | 1,512 +39% |
| Net profit | 1,100 | 1,170 | 1,362 | 1,205 | 1,369 +24% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
