Eicher Motors reports strong Q1 performance, Royal Enfield and VECV lead growth
- By MT Bureau
- July 31, 2025
Eicher Motors (EML) has reported its highest-ever Q1 revenue in FY2026, reaching INR 50.42 billion, up 14.8 percent YoY, from INR 43.93 billion last year.
The EBITDA grew by 3.2 percent to INR 12.03 billion, while Profit After Tax (PAT) stood at INR 12.05 billion, up 9.4 percent from INR 11.01 billion in Q1 FY2024-25.
During the quarter, Royal Enfield sold 261,326 motorcycles, which was 14.7 percent higher as compared to 227,736 units sold in the corresponding period last year.
VE Commercial Vehicles (VECV) posted INR 56.71 billion in revenue, up 11.9 percent from INR 50.70 billion, while EBITDA grew by 32.6 percent to INR 5.11 billion. The company sold 21,610 CVs in Q1, compared to 19,702 in the previous year. VECV’s revenue and EBITDA are not included in Eicher Motors’ consolidated financials, and its profit contribution is reflected as a single line in EML’s consolidated PAT.
B Govindarajan, MD, Eicher Motors, and CEO, Royal Enfiled, said, “At Eicher Motors, we’ve had a solid start to the year, with encouraging growth across both Royal Enfield and VECV. We continue to build consistent momentum in volumes, profitability and the strength of our overall portfolio. At Royal Enfield, we have sustained our growth momentum in the first quarter, anchored by our continued focus on product innovation, immersive riding experiences and a deeper expression of pure motorcycling. The refreshed Hunter 350 continues to be a key marker of growth for us, both in terms of volumes and community engagement. Moving ahead on our global ambition, we further strengthened our reach in the SAARC region and expanded our portfolio in Nepal with the locally assembled Classic 350. With a refreshed pipeline of motorcycles and a growing ecosystem of curated rides and culture-first experiences, we are shaping a vibrant and inclusive motorcycling movement. VECV, too, has delivered consistent growth, anchored in a strong product portfolio and a sharp understanding of India’s evolving commercial mobility needs. Our continued investment in sustainable, efficient transport solutions ensures we are well-positioned for the future. As we move forward, our commitment to long-term value creation remains strong – through customer-centric innovation, global ambition, and meaningful brand experiences at every level.”
Vinod Aggarwal, MD and CEO, VECV, and Vice Chairman, Eicher Motors, said, “CV delivered its best‑ever first quarter with 21,610 units in Q1 FY’26 (up 9.7 percent year‑on‑year) and broadened its footprint in a largely flat market. Overall market share improved to 18.7 percent (vs 17.3 percent last year), led by continued leadership in LMD trucks (34.5 percent share) and a strong showing in Buses, where Total Bus volumes grew 14.8 percent and market share rose to 21.5 percent. Exports grew by 20.5 percent over last year. Deliveries of all electric Eicher Pro X in SCV segment (2.0–3.5T) continue to gather momentum. Heavy‑Duty volumes were marginally lower reflecting a lower total market despite market share gains. Our connected vehicle solution “My Eicher” now connects 150,000 customers representing 350,000 vehicles. VECV reported strong revenue growth and expansion in profit margins linked to better volumes, pricing and cost discipline. PAT was lower as compared to previous year primarily due to one off impact in Q1 FY’25 linked to deferred tax reversal.”
VECV also reported improved market share in LMD trucks and buses, and growth in electric vehicle deliveries and exports.
- Suzuki Motorcycle India
- Suzuki Motor Corporation
- Suzuki Access
- Gixxer
- Hayabusa
- GSX-8r
- V-Strom 800 DE
- Kenichi Umeda
Suzuki Motorcycle India Attains 10 Million Production Milestone
- By MT Bureau
- January 08, 2026
Suzuki Motorcycle India (SMIPL), the subsidiary of Suzuki Motor Corporation, Japan, has rolled out its 10 millionth two-wheeler from its Gurugram plant. The milestone vehicle, a Suzuki Access Ride Connect Edition, was produced in 2026, marking a doubling of the company’s total production volume in six years.
The Japanese automaker commenced operations in 2006 and reached its first 5 million units in 2020. The subsequent 5 million units were produced between 2020 and 2026, driven by an expanded product line-up and rising demand.
The Suzuki Access 125 has been a primary driver of this growth, establishing the 125cc scooter segment in India. The current product range includes the Burgman and Avenis scooters, the Gixxer motorcycle series, the V-Strom SX and high-capacity motorcycles such as the GSX-8R, V-Strom 800 DE and the Hayabusa.
The company currently operates a network of over 1,200 touchpoints across India and exports vehicles to more than 60 international markets. To meet future demand, Suzuki Motorcycle India has commenced development of a second manufacturing facility at Kharkhoda, Haryana.
Suzuki Motorcycle India is adopting a multi-pathway approach to carbon neutrality. This includes the introduction of the Gixxer SF 250 Flex Fuel, an E85 fuel-compliant motorcycle, and an entry into the electric segment with the Suzuki e-Access.
Kenichi Umeda, Managing Director, Suzuki Motorcycle India, said, “Reaching the 10 million production mark is a significant achievement for all of us at SMIPL. This has been made possible by the trust and support of our customers, dealer partners, suppliers, and employees, who have stood with us throughout this journey. By expanding our product portfolio, strengthening manufacturing capabilities and focusing on quality and reliability, we have steadily scaled our operations in India. Going ahead, we are further expanding our production capacity, strengthening our sales and service network and deepening customer experience through engaging activities across the country. True to our promise of standing ‘By Your Side’, we continue to stand ‘By Your Side’ - customers, dealer partners, suppliers, and employees at every stage.”
To mark the milestone, SMIPL is offering limited-period retail finance benefits, including zero processing fees and EMI waivers. Existing customers can access a 10-point vehicle check-up and discounts on labour and accessories at Suzuki touchpoints.
KTM RC 160 Launched At INR 185,000 In India
- By MT Bureau
- January 08, 2026
Bajaj Auto-owned Austrian motorcycle brand KTM has launched the RC 160 at INR 185,000 (ex-showroom Delhi) and is available at dealerships nationwide.
The RC 160 is designed for riders seeking track-focused performance in the entry-level segment. It features a trellis frame with a full-faired design and follows the styling of the existing RC lineup.
The motorcycle is equipped with a 164.2 cc, liquid-cooled SOHC engine that delivers 19 PS at 9500 rpm and 15.5 Nm of torque at 7500 rpm. The engine features a 10,200 rpm redline and is paired with a 6-speed gearbox including an assist and slipper clutch. The reported top speed is 118 kmph; it features inverted 37mm front forks and a rear monoshock. In terms of braking, it uses 320 mm front and 230 mm rear disc brakes with dual-channel ABS. It gets 110/70-17 front and 140/60 R17 rear tubeless tyres on 17-inch alloy wheels. The RC 160 features a 13.75-litre metal tank.
The motorcycle gets an all-LED lighting system, including the headlamp, tail-lamp and indicators. The electronic suite includes a CAN-enabled system, electronic fuel injection and a Supermoto mode for the ABS. A TA variant is also available, which provides navigation support via the LCD instrument cluster.
Manik Nangia, President, Probiking, Bajaj Auto, said, “With the new RC 160, we are bringing that same track-bred character to a wider audience. It’s a motorcycle that captures the thrill of factory racing and makes it accessible to every young rider who dreams of speed, control, and confidence on two wheels. The RC 160 is not just an entry point; it’s the first step into the exhilarating world of KTM performance.”
TVS Motor Company Rolls Out TV Commercial For Ntorq 150 Scooter
- By MT Bureau
- January 07, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company has released a television commercial for the TVS Ntorq 150 scooter.
The campaign focuses on the vehicle's performance and racing heritage, targeting younger demographics. The Ntorq 150 is the first 150cc scooter in India to feature race and street riding modes, alongside traction control and ABS.
The scooter has a claimed acceleration of zero to 60 kmph in 6.3 seconds. Technical specifications include Bluetooth connectivity and digital instrumentation. The design incorporates racing-derived engineering and aerodynamics, building on the brand's history in track competition. This model follows the introduction of the Ntorq 125 in 2018 and subsequent collaborations, such as with Marvel.
Aniruddha Haldar, Senior Vice-President – Head Commuter & EV Business and Head Corporate Brand & Media, TVS Motor Company, said, “TVS Ntorq has grown into an iconic brand for the youth, built on performance, attitude and a deep emotional connect with a new generation of riders. Our scooters have dominated racetracks for years, a racing legacy that gave birth to the TVS Ntorq 125. With the all-new TVS Ntorq 150, this pedigree is taken several notches higher. The new TVC captures this ‘Hyper’ philosophy, where cutting-edge engineering, racing DNA and an always-on competitive spirit come together to make every ride feel like a personal race.”
Ashwin Parthiban, Creative Consultant, Dentsu Creative, said, “Our idea was to visually translate the emotion of riding the TVS Ntorq 150, the rush, the aggression and the sense of control, into a cinematic experience. The film blurs the line between the racetrack and the street, making every ride feel hyper, energetic and exhilarating. It’s not just about showcasing features; it’s about making the viewer feel the ride.”
Simple Energy Expands Scooter Portfolio With Gen 2 Range At Prices Starting INR 149,999
- By MT Bureau
- January 07, 2026
Bengaluru-based electric vehicle maker Simple Energy has expanded its product portfolio with the launch of the Simple One Gen 2, Simple OneS Gen 2 and Simple Ultra range of e-scooters.
The Simple Ultra features a 6.5 kWh battery, the largest currently fitted on a scooter in India, providing a claimed IDC range of 400 km. It can reach a claimed top speed of 115 kmph and accelerates from zero to 40 kmph in 2.77 seconds.
The Simple One Gen 2 is available in two variants. The 4.5 kWh model offers a range of 236 km with prices starting at INR 169,999, while the 5 kWh version provides a range of 265 km starting at INR 177,999. Both variants include six riding modes and a peak motor power of 8.8 kW. The Simple OneS Gen 2, priced at INR 149,999, features a 3.7 kWh battery and a range of 190 km. These models are available at over 61 showrooms and through e-commerce platform Amazon and Flipkart.
Technological updates across the Gen 2 range include traction control, four-level regenerative braking and cruise control. The vehicles feature a 7-inch touchscreen dashboard with 5G connectivity, Bluetooth and Android 12 integration. Hardware adjustments have reduced the kerb weight to 129 kg for the Simple One and 118 kg for the OneS, while underseat storage has increased to 35 litres.
Suhas Rajkumar, Founder & CEO, Simple Energy, said, “At Simple Energy, we engineer with intent. Our Gen 2 portfolio reflects a deliberate, innovation-first approach - offering differentiated products across range and performance needs, all built for real-world reliability. Indian commuters are not one-size-fits-all, and a growing segment clearly demands extreme range and performance without compromise. Simple Ultra is built precisely for that customer. Backed by over four years of in-house R&D, it delivers an industry-first 400 km IDC range, setting a new benchmark for electric two-wheelers in India. With a portfolio designed to meet diverse rider needs from day one, we’re not just launching scooters—we’re delivering confidence, freedom, and truly anxiety-free electric mobility.”
Furthermore, Simple Energy has also introduced a lifetime warranty on the motor and battery across its vehicle lineup. The company aims to expand its network to 150 dealerships and 200 service centres by March 2026. Financially, the firm is targeting an IPO in the second or third quarter of FY2027 to raise approximately USD 350 million, following its previous capital raises totalling USD 51 million from private investors and family offices.

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