BUSINESS
The company posted an 18% growth in its exports in September, compared to the same period last year.
Eicher Motors'-run Royal Enfield clocked a growth of 30% in the volume of sales of its motorcycles in the month of September, the bikemaker said in a press release.
Royal Enfield sold 57,842 motorcycles in September compared to the 44,491 bikes sold in the same period last year, a 30% growth. This included domestic sales and exports.
In the domestic market, Royal Enfield sole 56,958 motorcycles compared to the 43,741 bikes sold in the same period last year, again a 30% jump in sales volume.
It exported 18% more motorcycles in the month -- 884 motorcycles -- compared to the 750 shipped in September last year.
Royal Enfield said it launched the Himalayan motorcycle in Nepal recently, which will be available at its exclusive stores in the country, in Naxal & Balkumari, Kathmandu.
The bikemaker also launched a new dealership in New Delhi, which houses the full line-up of the motorcycles, gear, and accessories. It also has a full service station at the venue. The new New Delhi venture is owned by Motorsport Rally Champion Gaurav Gill.
On Friday, Eicher Motors' shares closed up 0.23%, at Rs 24,917.40 apiece on the BSE.