Eicher Motors Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited
EICHERMOT · price
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Eicher Motors disclosed April 2026 sales volumes for its unlisted subsidiary VE Commercial Vehicles (VECV). Total VECV volumes grew 6.9% to 7,318 units from 6,846 units in April 2025. Domestic sales rose 8.6% to 6,797 units, driven by strong growth in SCV/LMD trucks (+17.9% to 3,243 units) and HD trucks (+14.9% to 1,516 units). However, HD bus sales collapsed 61.7% to just 62 units. Exports declined sharply by 21.3% to 362 units, with bus exports falling 74.2%. Volvo Trucks and Buses showed robust growth of 23.3% to 159 units. This is a routine monthly volume disclosure filed with the exchanges.
The overall volume growth is positive, showing strong demand in the truck segment, though the sharp decline in HD buses and export weakness may raise concerns about specific business lines. The data provides volume trends but no order book or revenue details.