Higher staff, input costs to keep Eicher Motor margins under pressure

The pace of volume recovery could be key in the coming quarters

After reporting a decline in volume growth over the past two quarters, Eicher Motors reported an improvement in sales in the December quarter. Sales of two-wheelers were up 5 per cent to just under the 200,000- mark led by festival demand, as well as on new launches. Most of growth in the domestic segment came in December; exports, too, contributed the quarterly numbers and were up 44 per cent YoY.

 The company highlighted that booking trends continue to remain healthy across key markets, led by the recently launched Meteor. The company is also benefiting from the ongoing expansion after the addition