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.

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Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has announced its official entry into France in partnership with GD France. This move expands the company’s presence to 52 international markets and deepens its European footprint following successful expansions in Italy, Spain and the UK.

The French debut was marked by the launch of the company’s Euro 5+ range, led by the Hunk 440 motorcycle, at the UTAC Mortefontaine proving ground near Paris.

Sanjay Bhan, Executive Vice President, Hero MotoCorp, said: "Building on our presence in Italy, Spain, and the UK, Hero MotoCorp’s entry into the France market marks another milestone in our journey of global expansion. Our partnership with GD France, further strengthens our European footprint. The launch of the Hunk 440 reflects our deep understanding of French riders and their expectations for reliability, superior-quality and performance-driven machine. The new Hunk 440 not only delivers on these expectations but also offers an ownership experience that is both accessible and aspirational. This unique combination of superior engineering, refined design and long-lasting performance is set to disrupt the current segment and offers the first-time owners as well as seasoned enthusiasts alike the opportunity to begin their motorcycling journey with a true sense of limitless freedom.”

GD France will distribute the Hero MotoCorp product range, initially through a network of 30 official sales and service outlets across major French cities, with plans to expand to over 50 dealers by 2026.

Ghislain GUIOT, CEO, GD France, said, “We are proud to partner with Hero MotoCorp for their entry into the French market. Both Hero MotoCorp and GD France share a deep commitment to putting customers first and ensuring a seamless ownership experience, supported by a robust sales and service network across the country. Beginning with the Hunk 440, we aim to offer riders a unique combination of technology and value - a combination that we believe will deeply resonate with consumers in France.”

The flagship Hunk 440 is E5+ and EU-compliant, entering the A2 performance category with a focus on city commuting and motorway acceleration. It delivers 36 Nm of low-end torque at 4000 rpm and a peak power of 27 bhp at 6,000 rpm. The Hunk 440 comes with high tensile steel trellis frame for stability and handling. Equipped with dual-channel ABS on 320 mm front and 240 mm rear discs, USD Cartridge Forks by KYB, a full-digital and connected TFT display and turn-by-turn navigation.

The Hunk 440 is available starting at EUR 3,599 (including VAT) in two colours: Twilight Blue and Phantom Black.

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Honda Motorcycle and Scooter India has attained a new milestone of having surpassed 35 million sales for its popular Activa scooter range across the country. This achievement, which spans 24 years since the scooter’s launch in 2001, includes the Activa 110, Activa 125 and Activa-i models.

The company highlighted that the scooter's journey reflects its connection with customers, providing mobility across the country. The Activa plays a key role in the Japanese major's presence in the Indian two-wheeler market.

Over the year, the Activa has created a strong name for itself, achieving its first 10 million customers by 2015, 20 million by 2018 and now 35 million in 2025.

The success is attributed to the scooter's adaptability, having incorporated updates in technology and user experience while maintaining focus on ease of use, consistency and fuel efficiency.

It was just recently, Honda Motorcycle & Scooter India introduced the Activa e:, the popular scooter in an electric avatar. In August 2025, the company launched the Activa and Activa 125 anniversary editions.

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TVS Motor Company has announced its highest-ever operating revenue, sales, and profits for the Q2 FY2026. The performance was supported by growth across its two-wheeler, three-wheeler and exports.

The company's operating revenue grew by 29 percent YoY, reaching INR 119.05 billion, compared to INR 92.28 billion for the same period last year. It reported its best-ever EBITDA of INR 15 billion, up 40 percent as compared to INR 10.8 billion last year. The profit before tax came at INR 12.26 billion, as against INR 8.97 billion a year ago.

It is to be noted that the profit before tax for the quarter includes fair valuation loss on investments held by the company, amounting to INR 310 million, as against fair valuation gain of INR 230 million during Q2 last year.

During the quarter, the company saw scooter sales touch 639,000 units, up 30 percent, motorcycle sales grew 20 percent to 673,000 units, while electric vehicle sales clocked 80,000 units, up 7 percent YoY respectively. The company noted that magnet availability continues to pose short-to-medium term challenges for the segment.

On the exports front, the company reported sales of 363,000 two-wheelers, up 31 percent YoY.

For H1 FY2026, the revenue came at INR 219.86 billion, up 25 percent YoY and profit before tax of INR 22.79 billion, up 36 percent YoY.

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Hero MotoCorp, one of the leading global manufacturers of scooters and motorcycles, has announced its entry into the United Kingdom (UK) market through a partnership with distributor MotoGB. This move makes the UK the company’s 51st international market, building on its recent expansions in Italy and Spain.

The company will introduce its Euro 5+ range, led by the Hunk 440, a motorcycle designed to meet the demand for motorcycles in the region.

Sanjay Bhan, Executive Vice-President, Hero MotoCorp, said, "Hero MotoCorp’s entry into the United Kingdom marks a defining milestone in our global expansion journey. Following our foray into Italy and Spain, our partnership with MotoGB, further strengthens our European footprint. The launch of Hunk 440 reflects our deep understanding UK riders - a motorcycle that stays true to the core of motorcycling while offering style, performance and reliability in accessible package. With this launch, we aim to make premium motorcycles accessible for first-time riders, and enthusiasts alike. With a presence now spanning 51 international markets, we reaffirm our commitment to redefining the future of mobility through our next-gen mobility solutions that deliver Limitless Freedom and Limitless Adventure to riders globally.”

MotoGB, a Lancashire-based distributor, will initially make the Hero MotoCorp product range available through a network of over 25 official sales and service outlets. The partnership plans to expand to over 35 locations by 2026.

Matt Kay, General Manager of MotoGB, said, “We are proud to partner with Hero MotoCorp as they make their debut in the UK market. Both Hero MotoCorp and MotoGB share a deep commitment to putting customers first and ensuring a seamless ownership experience, supported by a robust sales and service network across the country. Beginning with the Hunk 440, we will be able to offer riders a unique combination of technology and value that will resonate deeply with consumers in the United Kingdom.”

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