Royal Enfield announces highest ever income
Royal Enfield has announced it received its highest ever total income during the first quarter of 2016.
The figure of total income from operations is a huge £161 million, driven by excellent sales compared to previous years with 147,483 motorcycles sold throughout the period (up 40, 870 compared to the first quarter of 2015).
Siddhartha Lal, Managing Director and CEO Eicher Motors Ltd (parent company of Royal Enfield), said: “Royal Enfield has maintained its strong volume growth in the first quarter of 2016-17 and we continue to take more orders than our monthly supply.
“Our immediate business outlook remains strong and Royal Enfield continues to grow consistently, competitively and profitably towards leading and expanding the mid-sized motorcycle segment globally.”
Check out our review of the Royal Enfield Classic 500 from the latest issue of BMF member’s magazine Rider.