The company, which had posted a consolidated profit after tax (PAT) of Rs 1,205.22 crore in the corresponding quarter last fiscal, said its board has approved an investment of Rs 1,225 crore for phase I of greenfield expansion in Andhra Pradesh for motorcycle production capacity enhancement as part of an overall investment plan of Rs 2,500 crore in a phased manner.
The company's consolidated total revenue from operations in the first quarter stood at Rs 6,632.42 crore as against Rs 5,041.84 crore in the same period last fiscal, Eicher Motors Ltd (EML) said in a regulatory filing.
Total expenses in the quarter under review increased to Rs 5,341 crore in Q1 FY27 from Rs 4,052.02 crore in the same period a year ago, it added.
The group's two-wheeler arm Royal Enfield recorded its highest-ever quarterly sales of 3,32,940 motorcycles, up 27 per cent from 2,61,326 units in the corresponding quarter, the company said.
"The above capacity addition is expected to be completed during FY 2029-30, subject to market conditions," it added.
VE Commercial Vehicles (VECV), the company's joint venture with the Volvo Group, recorded its highest-ever first quarter sales of 24,815 units, up from 21,610 units in the previous year, it added.
Commenting on the performance, B Govindarajan, MD, Eicher Motors Ltd and CEO - Royal Enfield, said after a record-setting performance in FY26, the company sustained strong momentum into the new financial year, "with Royal Enfield recording its highest-ever quarterly sales and VECV recording its highest-ever Q1 sales".
On capacity expansion of Royal Enfield, he said, "To support our growth over the long-term, we announced plans for a new greenfield manufacturing facility in Tada, Andhra Pradesh, to expand our capacity beyond the existing facilities in Tamil Nadu."
With a robust product launch calendar and diverse brand initiatives planned for the rest of the year, Govindarajan said, "We are optimistic of maintaining our growth trajectory in the dynamic global environment."
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