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Hero MotoCorp Ltd (HMCL) announces record sales performance for first quarter

Hero MotoCorp Ltd (HMCL) announces record sales performance for first quarter

| | 03 Jul 2017, 05:39 pm
New Delhi, July 3 (IBNS): Two-wheeler manufacturer Hero MotoCorp Ltd (HMCL) on Monday announced record sales performance for the first quarter of the Financial Year (FY’18).

Registering strong sales, the Company sold 18,49,375units in first three months (April 2017 – June 2017) of this fiscal - the highest-ever sales by Hero MotoCorp in any quarter. The Company’s previous highest quarterly sales was in the second quarter (July-September) ofFY16-17, when it sold 18.23 lakhs units.

With sales of 624,185 two-wheelers in June 2017, the Company registered a growth of 14% over the corresponding month of the previous fiscal when it sold 549,533 units.

Hero MotoCorp has clocked such robust volumes in the month of June on account of strong growth in both motorcycles and scooters.

The Company sold 547,185 units of motorcycles during the month of June,  thereby growing by 13% over the corresponding month last year.

Hero MotoCorp sold 77,000 scooters in June, registering a 22% growth over the corresponding month in 2016.


 

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