However, if we look at the month-on-month sales, there has been a decline of 3.51 percent in June 2022 as compared to May 2022, as the company sold 63,643 units of vehicles in May 2022. Royal Enfield has registered decent sales in the above 350cc segment, which includes the Himalayan and the 650 Twins.
In June 2022, the company has sold 11,002 units of vehicles in this segment, compared to 5,790 units of the same segment were sold in June last year. This year there has been a massive growth of 90.02 percent in the sales of the above 350cc segment and the company has reduced sales by 5,212 units this year.
On the other hand, talking about the below 350cc segment, the company has sold a total of 50,405 motorcycles in this segment. This is an increase of 35.29 per cent year-on-year as compared to 37,258 units sold in June 2021. This is 13,147 units volume growth with 82.08 percent share.
On the other hand, month-on-month sales declined by 6.37 per cent as against 53,835 units sold in May 2022. Royal Enfield’s above 350cc segment, which includes Himalayan and 650 Twins, has registered sales of 11,002 units in June 2022, which is 90.02 per cent higher than 5,790 units sold in June 2021.
MoM sales grew by 12.17 per cent from 9,808 units sold in May 2022 with a volume growth of 1,194 units and a share of 15.41 per cent. In the domestic markets, Royal Enfield has sold a total of 50,265 units, up 40.35 percent year-on-year from 35,815 units sold in June 2021.
Talking about month-on-month domestic sales, where the company sold 53,525 units in May 2022, there has been a decline of 6.09 percent in June 2022. Royal Enfield’s exports, on the other hand, have reached 11,142 units year-on-year in June 2022 from 7,233 units in June 2021.
Due to this, the company’s exports have increased by 54.04 percent on a yearly basis. At the same time, month-on-month sales have also increased by 10.12 percent as compared to 10,118 units exported in May 2022. The share percentage also increased from 15.90 per cent in May 2022 to 18.14 per cent in the previous month.