The company's profit after tax from continuing operations stood at Rs 649 crore for the fourth quarter, up 38 per cent, from Rs 470 crore a year ago.
In Q4FY18, Royal Enfield sold 2,26,907 motorcycles, registering its best ever quarterly sales and posting a growth of 27 per cent over 1,78,345 motorcycles sold in the same period past year.
For the year end FY18, Eicher recorded consolidated earnings of Rs 1,959.70 crore higher by 17.55% compared to Rs 1,667.08 crore in previous fiscal FY17. Its revenue was also highest ever at Rs 2,528 crores for Q4 FY18, a growth of 34 per cent over Q4 FY17.
The company had reported a March-quarter net profit of Rs 462 crore ($68.57 million) after market hours on Wednesday, compared with a profit of Rs 459 crore a year earlier. Company reported net profit of Rs. 1,959.67 crore, up 18 per cent yoy. In addition, Lal added that the company would be investing in the construction of a technology centre in Chennai this year, new product development to meet upcoming regulations and to expand Royal Enfield's portfolio for its global markets.
Congress dares PM Modi to get Yeddyurappa raided
Karnataka Chief Minister Siddaramaiah on Monday challenged Prime Minister Narendra Modi and BJP's Chief Ministerial candidate B.S. Mr Gandhi said he is "pretty confident" that Narendra Modi would not be the next prime minister.
The planned capacity for FY 2018-19 is 950,000 units.
During the year under review, the company earned a total income of Rs 9,544.24 crore, up from Rs 8,171.37 crore earned for the year ended on March 31, 2017.
When asked whether Eicher would like to get into other segments again, especially after the failure of its partnership with Polaris, Lal added that at present there are no plans as such and they would rather like to concentrate exclusively on the existing business of motorcycles and the partnership with Volvo in the form of VECV. It stood at Rs 7,033 crore in 2016-17.
Eicher Polaris Pvt Ltd (EPPL)'s Board took the decision in March to shut the company with immediate effect as the business failed to take off after getting incorporated in 2012. That's a dividend of 1,100 per cent.
Wu was prosecuted during an open trial on March 28, during which the court posted information about the proceedings on Sina Weibo. Wu, 51, founded private insurer Anbang in 2004, and in 2014, bought the famed Waldorf Astoria Hotel in New York City.
The tweet by Trump was rather unexpected, given that the US - Iran nuclear pact deadline runs until Saturday 12 May. At one point they fell below $70, after settling above that level for the first time since November 2014 on Monday.
It was a 6-5 deficit that turned into a three-run cushion, and Aroldis Chapman was able to shut things down for NY in the ninth. Porcello allowed five earned runs in 5.1 innings, and Tanaka was pulled after serving up four runs in 5.1 innings.
Since the shooting, Zimmerman has tried to auction off the gun he shot Trayvon with, labeling it an 'American Firearm Icon'. The film, " Rest in Power: The Trayvon Martin Story ", is executive produced by Jay-Z and will air in July.
The newly released NGINX Unit 1.0 adds to the existing support of NGINX Plus as certified for Red Hat Enterprise Linux . Meanwhile, the jointly developed and managed Red Hat OpenShift on Azure is slated for preview in the coming months.
Although he did not break any bones, he was unable to get up from the floor and remained there for two days. Goodall said he does not have a terminal illness and until recent years, he appeared to be in good health.
The post was meant to raise awareness about the small size of ticks and educate people on ways to prevent tick bites. The organization posted a photo of a poppy seed muffin on May 4, replacing some of the seeds with five, tiny ticks .
The opposition National party criticised the announcement, saying the government had put diplomats ahead of domestic priorities. MFAT now employs 248 staff members at 58 posts overseas, with 672 staff members based in New Zealand.
The owner's 11-year-old daughter was still in the vehicle and jumped out while the Cherokee accelerated away from the gas station. Fortunately, in spite of the fall from the fast moving SUV, the girl gets seconds later and runs to embrace her father.
Sources say Mac & Ariana both love each other dearly and will continue to do so moving forward, but just as friends and nothing more.
NJ Police Forced to Drag Driver From Burning Vehicle
Roselle Park Police received several calls concerning a vehicle parked on the 100 Block of West Lincoln Avenue. Saturday about a parked vehicle on West Lincoln Avenue making a odd noise and smoke coming from the engine.
Republicans draw conflicting lessons from early primaries
He called Senate Majority Leader Mitch McConnell " Cocaine Mitch ", and made racially charged comments about McConnell's family. He has called McConnell's father-in-law, who was born in China, a " wealthy China person " and called out his "China family".
Bill Gates Feels Like Shorting Bitcoin If It Was Easy
The investors that manage to cash in on such a type of investment are the ones who end up cashing out on time. Bill Gates has also openly criticised bitcoin, saying: "I would short if there was an easy way to do it ".
Analysts Opinions on: Intel Corporation
It turned negative, as 60 investors sold INTC shares while 703 reduced holdings. 44 funds opened positions while 62 raised stakes. In 2017Q4 SEC filling is reported Paradigm Financial Advisors Llc's holdings in Intel Corp ( INTC ) which was rose by 253.28%.
Another Tesla auto crash kills two people in the US
A statement from Tesla said the vehicle was owned by a long-time customer of the company, but did not specify who. Two 18-year-olds were trapped and died when the auto became engulfed in flames, police told WPLG-TV.
Self-driving ride service coming to Frisco
Once Drive.ai's pilot goes live, the public will have access to a mobile app through which they hail the self-driving cars. For the time being, the cars in the pilot program will have a backup safety driver to monitor the vehicle at all times.