Eicher Motors EBITDA margin FY 2018-2023
At the end of fiscal year 2023, the EBITDA margin of Eicher Motors Limited in India was 23.8 percent. This figure represents an increase from the previous fiscal year. EML was one of the leading motorcycles and commercial vehicle manufacturers in India. EML has a joint venture with Sweden’s AB Volvo, called Volvo Eicher commercial vehicles (VECV), under which it produced trucks and buses in India.