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Eicher Motors Q1 Results: Profit Falls On Lower Demand

Eicher Motors' Q1 profit fell as lockdowns to curb the second Covid-19 wave shut dealerships and stalled production.

Nishant Sharma
The Royal Enfield logo is displayed on the headlight of a Desert Storm motorcycle on display at the Eicher Motors Ltd. Royal Enfield flagship dealership in Gurgaon, India. (Photographer Prashanth Vishwanathan/Bloomberg)

Eicher Motors Ltd.’s quarterly profit fell by more than half as local lockdowns to curb the severe second Covid-19 wave shut dealerships and stalled production. Still, the earnings met estimates.

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