VE Commercial Vehicles Crosses 1 Lakh Units Milestone in FY26

VE Commercial Vehicles (VECV), a subsidiary of Eicher Motors Limited, has reported a landmark performance for the financial year ending March 31, 2026. According to the sales data released to SIAM, the company surpassed the 1,00,000 unit mark for the full fiscal year, achieving a total sales volume of 103,495 units, representing a robust 14.8% growth over the previous year.

The Eicher Trucks and Buses division led the growth, selling over 1.01 lakh units annually. A primary driver of this success was the Domestic LMD Trucks (< 18.5T) segment, which saw a significant 24.1% Year-to-Date (YTD) increase. Additionally, the company recorded a phenomenal 110.4% annual growth in Heavy-Duty (HD) exports, signaling a strong expansion of its global footprint.

For the month of March 2026, VECV recorded total sales of 13,311 units, a 10.1% increase compared to March 2025. While the domestic bus and Volvo segments faced some contraction in the final month, the overall annual trajectory remains highly positive, bolstered by a 35.6% jump in total exports for the year. These figures underscore the company's strengthening position in the commercial vehicle market, particularly in the light and medium-duty truck categories.

Shares of Eicher Motors Limited was last trading in BSE at Rs. 6825.65 as compared to the previous close of Rs. 6584.85. The total number of shares traded during the day was 24043 in over 4613 trades.

The stock hit an intraday high of Rs. 6890.00 and intraday low of 6730.25. The net turnover during the day was Rs. 163932173.00.

Source : Equity Bulls

Keywords

EicherMotors INE066A01021 VECommercialVehicles SalesVolume FY2026