Hero MotoCorp Ltd closed yet
another fiscal year (FY ‘17) as the dominant market leader. Further
consolidating its leadership position, Hero MotoCorp clocked its highest-ever
sales in a financial year at 6,663,903 units, compared to 6,632,322 units it
had sold in the previous fiscal (FY ‘16).
Sustaining a steady demand for
its popular range of two-wheelers amidst a challenging economic and industry environment,
Hero MotoCorp sold 609,951 units in March 2017. The company had sold 606,542
units in March 2016.
During the fiscal year, Hero
MotoCorp created yet another significant industry benchmark by surpassing the
landmark 6-lakh plus monthly sales on five occasions in a single year – March
2017 (609,951), October 2016 (663,153), September 2016 (674,961), August 2016
(616,424) and April 2016 (612,739).
Moving into the new Financial
Year (2017-18), we are fully prepared with sufficient stock of BS IV-compliant
vehicles to meet the market demand, the company stated.
Source: Hero MotoCorp
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