ROYAL ENFIELD REGISTERS BEST EVER Q1 PERFORMANCE IN FY24 WITH SALES OF 2,27,706
MOTORCYCLES
Records sale of 77,109 motorcycles in June 2023
New Delhi, 01 July 2023: Royal Enfield posted sales of 77,109 motorcycles in the month of June 2023
as against 61,407 motorcycles sold during the same month in the previous financial year, registering a
growth of 26% over the same period last year. Royal Enfield also recorded its best ever performance in
Q1FY24 with over 22% growth in the corresponding period of the last financial year.
Speaking about the performance for the month of June 2023, B Govindarajan, CEO, Royal Enfield said,
“At Royal Enfield it has been our constant endeavour to create products and experiences that excite our
consumers and our recent performance is a testament to the fact that we have been able to do that
well. I am thrilled to share that we continued our stellar growth momentum in FY24 and have registered
our highest ever sales for the first quarter; beating our previous high of Q1FY19. Our recent products
continue to perform well across India and International markets and we are optimistic that our exciting
line-up of motorcycles will definitely enthrall the pure motorcycling enthusiasts across the globe.”
MOTORCYCLES
SALES
June
YTD
2023
2022
Growth
2023’24
2022’23
Growth
Domestic
67,495
50,265
34%
2,07,171
1,57,642
31%
Exports
9,614
11,142
-14%
20,535
29,563
-31%
Total
77,109
61,407
26%
2,27,706
1,87,205
22%
Brand & Business Updates
Royal Enfield expanded global presence with its fifth international CKD assembly unit in
Nepal
Royal Enfield announced commencement of operations of its exclusive Local Assembly Unit and
CKD facility in Nepal. Set up in collaboration with the Triveni Group, the CKD facility further
reiterates Royal Enfield’s commitment to Nepal. With an assembly capacity of 20,000 units per year,
the local assembly unit in Birgunj is a state-of-the-art, modern facility spread over 1 lac sq ft that will
cater to growing demand in the country.
