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Informist, Thursday, Oct. 1, 2026

--Eicher Motors Sept total CV sales 11,396 units, up 49.6% on year
--Eicher Motors Sept domestic CV sales 10,479 units, up 57.5% on year
--Eicher Motors Apr-Sept total CV sales 52,886 units, up 21.5% on year
--Eicher Motors Apr-Sept domestic CV sales 48,405 units, up 23.7% on year
 

NEW DELHI – Eicher Motors Ltd. Thursday said its joint venture VE Commercial Vehicles has sold 11,396 units in September, a staggering 49.6% rise year-on-year. This is the highest growth in the company's despatches in 51 months, according to the data compiled by Informist. 

VE Commercial Vehicles is a 50:50 joint venture between Eicher Motors and Swedish auto giant Volvo Group. The wholesale sales of Eicher Motors' trucks and buses grew 51.6% on year to 11,146 units in September. However, sales of Volvo trucks and buses fell 6.4% on year to 250 units.

Despatches of Eicher Motors' commercial vehicles in the domestic market grew 57.5% on year to 10,479 units. The surge in domestic market was aided by a strong performance of all the vehicle categories in the segment. The company sold 6,156 trucks with a payload capacity under 18.5 tonnes in India, up nearly 62% on year and the highest in six months. This sub-segment forms around 60% of its commercial vehicle sales in India. 

Eicher sold 3,086 units of trucks having payload capacity over 18.5 tonnes, up nearly 58% on year. The wholesale despatches of  light, medium, and heavy-duty bus segments rose over 38% in September. Total Exports by VE Commercial Vehicles fell 4.7% to 667 units in September. Bus exports of VE Commercial Vehicles rose nearly 26% to 206 units in September. Except bus, all other sub-segments reported a year-on-year contraction in export sales for the month.

In Apr-Sept, the company sold 52,886 commercial vehicles, up 21.5% on year. Of this, it sold 48,405 vehicles in India, up 23.7% on year.

For the June quarter, Eicher Motors had reported a consolidated net profit of INR 14.63 billion on revenues of INR 66.32 billion. At 1308 IST, shares of the company traded at INR 6,920.5 on the National Stock Exchange, down over 3.1%.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Pratyush Kumar

Edited by Akul Nishant Akhoury

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