Back in fashion

Even at its lowest point, Atlas Honda motorcycles were never out of fashion, but incline in revenues, and earnings in the past two quarters, not to mention, a healthy boost to volumes, suggest the recovery in the 2-wheeler market is here. And Honda is the primary beneficiary of it

Volumes are up 17% YoY, while revenues grew 18%. GP margin is at 8%
GP margin: 6% in 2qMY24
22,752
20,721
9,158
24,416
28,510
31,073
30,749
29,061
36,263
35,857
37,685
29,580
35,214
33,007
35,621
38,564
41,232
43,875
47,421
45,524