In the third quarter, the maker of the Royal Enfield bikes reported a 34.43 percent year-on-year surge in consolidated net profit, reaching Rs 995.97 crore, largely aided by a combination of higher volumes and price hikes across its product lines. The company's revenue from operations grew 12.28 percent to Rs 4,179 crore in the third quarter of FY24, while operating margins surged to 26.08 percent from 23.03 percent.