Royal Enfield again registers extraordinary growth in exports… Domestic sales still struggles to show significant growth…
Royal Enfield sales numbers for the March of 2022 are in. They have posted the highest Export numbers ever.
Same can’t be said about the domestic sales numbers which have shown a decline in March 2022 compared to the same month last year.
The Gross sales of Royal Enfield for March 2022 stood at 67,677 units, up 2.45% compared to 60,173 units sold in March 2021.
Royal Enfield Sales Figures March 2022
Year-over-Year Sales –
Comparing the Domestic sales of March 2022 with the sales of March 2021, we see a contraction of 2.82%.
The sales for March 2022 dropped from 60,173 units to 58,477 units in a year.
However, the Exports over this year grew a significant 56.33%. It grew from 5,885 units registered in March of last year to 9,200 units in March of 2022.
Month-over-Month Sales –
Compared with sales from the previous month, the numbers are all in green.
The Domestic sales expanded by 12.16%, up from 52,135 units sold in February 2022, the Exports grew by 30.96% compared to February 2022.
The Gross sales increased by 14.39%, registering 67,677 units, up from 59,160 units in February 2021.
Year-to-Date Sales –
The Domestic YTD sales for FY22 saw a dip of 9.15%, dropping from 5,73,728 units in FY21 to 5,21,236 units.
The Export YTD sales continue to show explosive growth.
The YTD Exports grew by 109.81%, exploding from 38,622 units in FY21 to 81,032 units in FY22.
The overall change is very small – just a dip of 1.64%.