The total domestic sales of Eicher trucks and buses rose 15.8% to 5,826 units while total exports declined 46.9% to 250 units in May 2023 over May 2022.

Total sales of Volvo trucks and buses surged 60.2% to 213 units in May 2023 as compared with 133 units sold in May 2022.

Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space.

The automobile major's consolidated net profit jumped 48.42% to Rs 905.58 crore on 19.13% rise in total revenue from operations to Rs 3,804.32 crore in Q4 FY23 over Q4 FY22.

The scrip rose 0.76% to Rs 3,713.25 on the BSE.

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