Hero MotoCorp's June sales rises 1.32% to nearly 5.5 lakh units - Firstpost
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Hero MotoCorp's June sales rises 1.32% to nearly 5.5 lakh units


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New Delhi: Country's largest two-wheeler maker Hero MotoCorp today reported 1.32 percent increase in sales at 5,49,533 units in June.

Reuters

Reuters

The company had sold 5,42,362 units in June 2015, Hero MotoCorp said in a statement.

Supported by growth across multiple segments, it sold 17,45,389 units in the first quarter of the current fiscal as against 16,45,543 units in the year-ago period in spite of subdued rural demand and fewer marriage dates, it added.

The two wheeler major said: "The company will soon introduce Splendor iSmart 110 motorcycle in the market the first motorcycle to have been completely developed by the in-house R&D team at Hero MotoCorp."

With the implementation of the 7th Pay Commission and the forecast of an above-average monsoon, the company is cautiously optimistic about a pick-up in sales momentum, it the statement said.

First Published On : Jul 1, 2016 18:04 IST

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