By
Indian automaker Eicher Motors reported a bigger-than-expected quarterly profit on Thursday, helped by strong demand for its premium motorcycles and commercial vehicles.
The company, which makes Royal Enfield motorcycles, clocked a profit of 12.05 billion rupees ($137.6 million) in the quarter ended June 30, compared with 11.01 billion rupees a year earlier.
Analysts expected Eicher to deliver a profit of 11.17 billion rupees, per data compiled by LSEG.