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Hero MotoCorp Crosses 10 Lakh Unit Sales In Festive Season

car&bike Team
car&bike Team
1 mins read
2016-10-28 19:39:16
Hero MotoCorp Crosses 10 Lakh Unit Sales In Festive Season
Key Highlights
  • Hero MotoCorp crossed the 10 lakh unit sales mark before Dhanteras
  • The company saw the best-ever monthly sales figures in September 2016
  • Hero has also reported its best-ever quarterly sales of 18,23,498 units
The world's largest two wheeler manufacturer, Hero MotoCorp has said the company has crossed the 10 lakh unit sales mark during the ongoing festive period. The 10 lakh sales mark comes even before Dhanteras, a day considered auspicious for new purchases.

"We have already crossed 1 million unit sales during this festive period, even before Dhanteras day. With almost a week remaining in the festive season, including the Dhanteras and Diwali days, we are confident of further adding to this tally," a company spokesperson has said.

Hero MotoCorp has reported its best-ever monthly sales figures in September 2016, selling 6,74,961 units in one month. The company has also posted a 27.74 per cent increase in net profit at Rs 1,004.22 crore for the second quarter ended September 30,2016. Hero has also reported its best-ever quarterly sales of 18,23,498 units.

Hero also clocked 6-lakh-plus sales in August this year, selling 6,16,424 units. Hero's total comprehensive income stood at Rs 994.72 crore for the quarter, while total comprehensive half-yearly income stood at Rs 1876.80 crore. With already 10 lakh sales clocked for the year, Hero certainly seems to be heading to end the year on a bumper note.

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