Hero MotoCorp firms up on best-ever calendar year performance

Company registers sales of over 6.18 mln units in calendar 2013 compared with 6.14 million in 2012

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SI Reporter Mumbai
Last Updated : Jan 03 2014 | 1:10 PM IST
Shares of Hero MotoCorp were up over 1% at 2,100, in an otherwise subdued market, after the company registered its highest-ever sales for any calendar year.

Sales during calendar year 2013 (Jan-Dec) stood at 6.18 million units compared with 6.12 million units sold in calendar year 2012. However, sales in December 2013 were marginally lower at 524,990 units compared with 541,615 units in December 2012, the company said in a release late Thursday.

The company also recorded its highest-ever third quarter sales (Oct-Dec 2013) at 1.68 million units, up 7% compared with 1.57 million units in the corresponding third quarter last fiscal.

Over 200,000 shares were traded on both the stock exchanges so far.
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First Published: Jan 03 2014 | 1:01 PM IST

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