The revenue determine compares to an ET Now ballot projection of Rs 612.8 crore.
Whole income from operations stood at Rs 3,193.32 crore, up 8.60 per cent towards Rs 2,940.33 crore the agency reported within the year-ago quarter.
The board of the corporate permitted dividend of Rs 21 per fairness share for the monetary yr ended March 31, 2022. The dividend shall be paid inside 30 days from the date of shareholders’ approval, the corporate stated.
On a standalone foundation, which excludes the numbers for Royal Enfield’s overseas subsidiaries and three way partnership with Volvo, the corporate stated income from operations stood at Rs 3,194.69 crore, towards Rs 2,922.44 crore in the identical quarter final yr. Correspondingly, revenue determine was Rs 553.38 crore towards Rs 468.08 crore.
Earlier within the day, the inventory climbed over 2 per cent to Rs 2,436 apiece.