India Yamaha Motor Pvt Ltd announced 22 per cent growth in sales for the month of October 2016, selling 86,428 units as against 70,812 units sold in October 2015. In October 2016, Yamaha has clocked total sales (including exports) of over one lakh for two consecutive months (September and October).
Looking to cash in on the auspicious period, with consistent sellers like the Classic and Thunderbird series, as well as the all-new Himalayan, did the company manage to find the desired sales performance? Here is Royal Enfield's growth report for October 2016.
Honda Motorcycles & Scooters India is celebrating Diwali as it crosses the 28 million sales mark. In the recent months, Honda 2 Wheelers attributes its success to the Livo, CB Shine SP and the Hornet 160R. Another model which has done really well for Honda is the Navi. Since it was launched, the sales of the Navi have crossed the 50,000 mark in barely 6 months. Speaking about trust, Honda 2 Wheeler says that the first 1 million sales came in 44 months of operation while the last 4 million sales have come in just 9 months.
Maruti Suzuki is expected to deliver 30,000 vehicles on Dhanteras and this 20 per cent more than what it did last year. Maruti Suzuki's success story in India continues and this has been possible only because of the company's strong product strategy. This year however, the Baleno and the Vitara Brezza have really helped the company take a giant leap when compared to its competitors.
Eicher Motors recorded highest ever total income from operations at 1981 crore. Royal Enfield registers a growth of 34.2% in the first half of this FY. Sella 314,424 units as compared to 234,224 units in H1 of 2015-16
The motorcycle sales of Bajaj Auto grew by 23 per cent in Q2 (Apr-Sep) FY2016-27 as opposed to an industry growth figure of 17 per cent. It recorded the highest ever Q2 turnover at Rs. 6,774 crore along with the highest ever profit after tax (PAT) of Rs. 1,123 crore. This is the first ever instance where the consolidated PAT crossed the Rs. 1,200 crore.
TVS had a decent Q2 in FY 2016-17 with a growth of 20.6 per cent over the same period last year. Its total revenue for the quarter was Rs. 3726.31 crore for the quarter as opposed to Rs. 3089.42 crore for the quarter ended in September 2015.
Hero MotoCorp has reported its best-ever sales as well as financial performance for the second quarter (July-September 2016) and half year (April - September 2016) of FY 2017. The company clocked its highest-ever sales of 18,23,498 units in a quarter, registering a gross turnover of Rs 8448.74 crore and highest-ever net profit after tax of Rs 1004.22 crore.
