Royal Enfield parent posts highest quarterly profit in 10yrs
Eicher Motors, the parent firm of motorcycle brand Royal Enfield, reported its highest quarterly profit in at least a decade during the April-June period at â¹576.2 crore. It had reported net profit of â¹459.6 crore in the year-ago period. The company's revenue rose 13% to â¹2,547 crore, driven by 22.5% volume growth for Royal Enfield.