India’s Eicher Motors Ltd fell shorter of analysts’ estimates for quarterly income on Thursday, as charges jumped 50% at the Royal Enfield motorcycle maker.

The firm’s consolidated web profit surged 76% yr-on-12 months to 6.57 billion Indian rupees ($80.41 million) for the quarter finished Sept. 30, when earnings from operations rose 56.45% to 35.19 billion rupees.

Analysts on average had envisioned a financial gain of 6.97 billion rupees and revenue of 36.49 billion rupees, in accordance to Refinitiv IBES facts.

Overall fees soared to 28.32 billion rupees on higher uncooked materials and element expenses.

The Gurgaon-centered company stated it offered 203,451 units of Royal Enfield motorcycles in the quarter, a 64.7% jump from a year previously.

The firm also posted a 16.4% rise in overall sales in its commercial car section, a joint venture with Sweden’s AB Volvo.

The firm’s friends TVS Motor, Hero MotoCorp also skipped quarterly earnings estimates, whilst Bajaj Car conquer anticipations.