Eicher Motors Q3 Preview: Royal Enfield, CV Volumes Propel Earnings Growth

• Eicher Motors expects strong Q3 FY26 results, driven by robust Royal Enfield and commercial vehicle sales.
• Consolidated profit projected to jump 18% YoY to ₹1,380 crore; revenue up 22% to ₹6,050 crore.
• EBITDA estimated to grow 24% to ₹1,494 crore, with margin improving to 24.7%.
• Royal Enfield volumes forecast to rise 21% YoY, commercial vehicle volumes up 24% YoY.
• Lower export share and adverse mix may slightly impact standalone realization and margin.