Crossed 1 mn unit sales during festive period: Hero MotoCorp

Image
Press Trust of India New Delhi
Last Updated : Oct 27 2016 | 7:22 PM IST
Two-wheeler market leader Hero MotoCorp today said it has already crossed the one million unit sales mark during the ongoing festive period, even before Dhanteras, a day considered auspicious for new purchases.
"We have already crossed one million unit sales during this festive period, even before Dhanteras day," a senior Hero MotoCorp official said.
Bullish on good sales during the festive period, the official added: "With almost a week remaining in the festive season, including Dhanteras and Diwali days, we are confident of further adding to this tally."
Last month, Hero MotoCorp reported 11.24 per cent increase in sales at 6,74,961 units, its best ever monthly figures, beating the previous best in October 2015 when the company had sold 6,39,802 units.
The company yesterday reported a 27.74 per cent increase in net profit at Rs 1,004.22 crore for the second quarter ended September 30, 2016, riding on its best ever quarterly sales of 18,23,498 units.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 27 2016 | 7:22 PM IST

Next Story