Royal Enfield Sales Rise 2% in January 2024 to 76,187 Units
By Rediff Money Desk, MUMBAI Feb 01, 2024 17:06
Royal Enfield's total vehicle sales increased by 2% year-on-year in January 2024, reaching 76,187 units. Domestic sales rose 4% while exports declined 20%.
Mumbai, Feb 1 (PTI) Motorcycle maker Royal Enfield said on Thursday its total vehicle sales grew 2 per cent year-on year to 76,187 units in January 2024.
The company had sold a total of 74,746 motorcycles in January 2023.
The domestic sales were up 4 per cent at 70,556 motorcycles last month compared to 67,702 units while exports declined 20 per cent at 5631 units from 7044 units in January 2023, it stated.
"Our recently launched motorcycles continue to perform well across markets, and we have had a great start to the new year. We are confident that we will sustain our growth momentum for months to come," said B Govindarajan, CEO at Royal Enfield.
The company had sold a total of 74,746 motorcycles in January 2023.
The domestic sales were up 4 per cent at 70,556 motorcycles last month compared to 67,702 units while exports declined 20 per cent at 5631 units from 7044 units in January 2023, it stated.
"Our recently launched motorcycles continue to perform well across markets, and we have had a great start to the new year. We are confident that we will sustain our growth momentum for months to come," said B Govindarajan, CEO at Royal Enfield.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.72 (+ 4.35)
- 20095147
- Vodafone Idea L
- 8.11 ( -0.37)
- 16100107
- AvanceTechnologies
- 0.94 (+ 4.44)
- 12826845
- Spicejet Ltd.
- 63.24 (+ 3.25)
- 9716127
- Standard Capital
- 1.09 ( 0.00)
- 7698035
MORE NEWS
Titan Shares Drop 4% After Q2 Earnings Miss
Titan shares fell nearly 4% on Wednesday after the jewelry retailer reported a 23%...
Deutsche Bank Injects Rs 5,113 Cr into India...
Deutsche Bank has infused Rs 5,113 crore into its India operations, the largest capital...
India Vehicle Sales Surge 32% in Oct: FADA
India's vehicle retail sales saw a 32% year-on-year rise in October, reaching 28,32,944...