Eicher Motors Limited has informed the Exchange regarding Monthly Business Updates for the month of February 2026 of VE Commercial Vehicles Limited, an unlisted material subsidiary of Eicher Motors Limited
EICHERMOT · price
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Awaiting price reaction for this filing.
Eicher Motors shared February 2026 sales data for its subsidiary VECV, reporting total sales of 9,986 vehicles, up 23.4% from 8,092 units in February 2025. Total Eicher Trucks and Buses grew 23.5% YoY to 9,766 units, driven by strong gains in domestic small/light commercial vehicles (up 41.3%) and heavy-duty trucks (up 54.1%). However, the bus segment remained weak, with LMD buses falling 21.4% and HD buses plunging 58.3% YoY in February. Exports grew 8.9% to 601 units, while Volvo Trucks and Buses sales rose 20.2% to 220 units. Year-to-date (FY25-26), VECV total sales are up 15.5% to 90,184 units.
Positive read for Eicher Motors shareholders as VECV continues strong double-digit growth in core truck volumes, though persistent weakness in the bus segment is a concern. Overall, this is a routine monthly update with no pricing or margin details.