India's Eicher Motors, which makes the Royal Enfield brand of motorcycles, reported third-quarter profit and margins below estimates on Monday, hurt by higher costs and as sales of lower-margin motorcycles outpaced those of higher-margin ones.

Eicher Motors has staged a record financial performance for the October-December period on the back of unprecedented sales across its motorcycle and commercial vehicle businesses. Its top-line almost met analysts' expectations while its bottom-line exceeded the mark.

India's Eicher Motors , which makes the Royal Enfield brand of motorcycles, missed third-quarter profit estimates on Monday, hurt by a mix of high marketing expenses and sales of lower-margin motorcycles outpacing higher-margin models.