Royal Enfield posts 5% YoY growth in total March sales; FY24 volume up 9%

About 90% of the Royal Enfield sales come from models with engine capacity of up to 350 cc.

Autocar Pro News Desk By Autocar Pro News Desk calendar 01 Apr 2024 Views icon3855 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Royal Enfield posts 5% YoY growth in total March sales; FY24 volume up 9%

Royal Enfield recorded 5% on-year growth in its March sales volume while its sales for the full financial year 2024 rose 9%. Strong domestic sales helped the company offset the impact of weakness in the international market.

The automaker dispatched a total of 75,551 two-wheelers in March, against 72,235 units in March last year. About 90% of the Royal Enfield sales come from models with engine capacity of up to 350 cc.

Sales of models with engine capacity engine capacity up to 350cc rose 6% to 66,363 units, while sales of models with engine capacity exceeding 350 cc declined 3% to 9,188 units. International sales fell 23% to 9,507 units.

For the full financial year, the company dispatched 912,732 two-wheelers, as compared to 834,895 units in the previous financial year. Sales of models with engine capacity up to 350cc increased 10% to 812,159 units, while sales of models with capacity exceeding 350 cc rose 2% to 100,573 units. International sales, however, fell 22% to 100,573 units.

Royal Enfield’s portfolio includes ten models – Bullet 350, Classic 350, Hunter 350, Meteor 350, the 411cc-engine powered Scram 411 and Himalayan adventure bikes, the 650cc twins (Interceptor 650, Continental GT 650), the Super Meteor 650 and the Shotgun 650.

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