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Eicher Motors Shares Gain After March Quarter Profit Rises 73% Eicher Motors shares rose as much 4% to hit an intraday high of Rs 2,709.20 a day after it reported its March quarter earnings. Updated: May 28, 2021 12:22 pm IST For the year ended March 31, 2021, Eicher Motors recorded total revenue from operations at Rs 8,720 crore Shares of Royal Enfield motorcycle maker - Eicher Motors - rose as much 4 per cent to hit an intraday high of Rs 2,709.20 a day after it reported its March quarter earnings. Eicher Motors net profit in March quarter jumped 73 per cent to Rs 526 crore from Rs 304 crore during the same period last year. During the quarter, Eicher Motors revenue from operations advanced 33 per cent to an all-time high of Rs 2,940 crore versus Rs 2,208 crore during the corresponding period a year ago. Its EBITDA (earnings before interest, tax, depreciation and amortization) also known as operating profit came in at Rs 634 crore. ....
Royal Enfieldâs Scrambler Is Finally A Reality! Could the Royal Enfield Scram be based on the Interceptor 650? Royal Enfield may soon birth a new motorcycle from its successful 650 platform. The bike maker has recently filed a patent for a new bike called the Scram. After a retro roadster (Interceptor 650), a cafe racer (Continental GT 650), and a cruiser (Shotgun?), the next logical (and should we say very British) move would be to add a Scrambler to the lineup. Will It Be A Hardcore Off-roader? The Royal Enfield Scram is likely to be along the lines of the Triumph Street Scrambler 900. So, expect wire-spoke rims (possibly 19/17-inch) shod with dual-purpose rubber and long-travel suspension. RE may opt to add bits like serrated footpegs, scrambler-style high-mounted exhausts, and fenders. Though the Scram may not be an all-out mud-slinging off-roader, it could be a versatile machine for road and trail-riding. ....