Eicher commits ₹1,225 crore to Andhra Royal Enfield plant as Q1 profit rises 21%
Phase I of Royal Enfield’s Tada plant will add 4.5 lakh motorcycles of annual capacity by FY2030, within a planned ₹2,500 crore phased investment. Eicher reported Q1 consolidated net profit of ₹1,463 crore on revenue of ₹6,632 crore.
Eicher Motors approved ₹1,225 crore for Phase I of Royal Enfield’s Tada plant, part of a ₹2,500 crore phased expansion. It reported 21% Q1 profit growth, record Royal Enfield motorcycle sales and record VECV first-quarter vehicle sales.
Why this matters
The investment follows recent Eicher signals showing Q1 profit up 21.5% on 31.5% Royal Enfield-led revenue growth and quarterly profit of about ₹1,462 crore beating estimates, linking capacity expansion with stronger demand.
retail-company: accelerating (+409233% QoQ).