Weak Q1 Expected From Eicher Motors
  • WebDesk BTVI
  • Jul 31 2019

Eicher Motors, the parent of Royal Enfield, is set to report its first-quarter results today, and is expected to report weak numbers. The revenue is seen down 5.6 per cent at Rs 2,404 crore year-on-year, EBITDA margin seen lower at 27.3 per cent, and net profit down 13 per cent at Rs 499 crore. BTVI's Kiral Desai brings gives more details on the company's Q1 preview.