Hero MotoCorp posts 27% dip in June sales, dispatches jump four-fold

The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported 26.88 per cent dip in sales last month at 4,50,744 units as compared to the same period of last year.

The company's dispatches last month, however, grew four-fold when compared to May this year.

The company had sold 6,16,526 units in June 2019 while it has despatched 1,12,682 units in May 2020.

We have demonstrated phenomenal leadership quality and tenacity to clock a sharp vertical growth in our sales at a time of massive disruption and uncertainty," Hero MotoCorp Chairman Pawan Munjal said in a statement.

Sales of over 450,000