B. Govindarajan, the CEO of Royal Enfield and Managing Director of Eicher Motors Ltd., said on a post-earnings call that the company’s interest in electric vehicles is through Flying Flea, its own brand.
According to a senior company official, Royal Enfield intends to introduce its C6 and S6 electric motorbike models in the January to March quarter of the fiscal year 2026 to break into the electric motorcycle market.
B. Govindarajan, the CEO of Royal Enfield and Managing Director of Eicher Motors Ltd., said on a post-earnings call that the company’s interest in electric vehicles is through Flying Flea, its own brand. This brand’s primary aim as it enters the electric motorcycle industry is a lightweight and city-friendly design.
Additionally, Govindarajan stated that Royal Enfield, whose parent company is Eicher Motors, has already selected suppliers for the Flying Flea.
It is important to note that Royal Enfield has no plans to launch Flying Flea as a stand-alone brand. “We are not yet ready to establish it as a stand-alone or a subsidiary unit that is a part of Royal Enfield. Our goal with Flying Flea is to create a timeless, contemporary, urban-focused electric two-wheeler with a contemporary design and technology,” adds Govindarajan.
The producer of the Himalayan, Classic 350, and Bullet 350 sold a record one million units in FY25. 1,002,893 units were sold overall, representing a 10.0% increase from the previous year. While overseas volumes surged by 29.7%, with 100,136 motorcycles exported, domestic sales grew by 8.1% to 902,757 units.
“Our counterparts took a lot of activity in the middle-weight area of the motorcycle industry. For the first time in its history, Royal Enfield outperformed all competitors in selling one million motorcycles a year by staying unaffected and concentrating on our strategic goals and community. We are extremely thrilled and optimistic about the opportunities that lie ahead of us now that Royal Enfield has a number of internationally acclaimed and industry-defining motorcycles in its portfolio,” says Siddhartha Lal, Chairman of Eicher Motors Ltd.
Eicher Motors’ operating revenue increased 14.1% year over year to ₹18,870 crore. EBITDA increased by 8.9% to ₹4,712 crore, while profit after tax increased by 18.3% to ₹4,734 crore.
The firm generated operating revenue of ₹23,548 crore in the commercial vehicle segment, which operates under the Volvo Eicher Commercial Vehicles (VECV) brand. This is a 7.7% increase over the previous year. Profit after tax rose to ₹1,286 crore, while EBITDA was ₹2,023 crore. In FY25, VECV sold 90,000 units, up 5.4% from FY24.
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