Hero MotoCorp fiscal sales at 6245895 units

Date: 02 Apr 2014

Hero MotoCorp Ltd (HMCL), India’s leading two-wheeler manufacturer, achieved the highest-ever despatch sales for any financial year, thereby further strengthening its pole position in the market, according to a company report.

 HMCL sold 62,45,895 units of two-wheelers during the financial year (April 1, 2013–March 31, 2014) - a growth of 3pc over the corresponding period when the company had sold 60,75,583 units.

 The company capped off the financial year 2014 with 5,24,028 units in March’14. This is a growth of 11.9pc over the corresponding month in 2013 when the company had sold 468,283 units.

 Commenting on the sales performance,. Anil Dua, Sr. Vice-President (Marketing & Sales), Hero MotoCorp said, “Our strong sales performance in FY’14 is reflective of our new strategic approach that focuses on bringing revolutionary and game-changing technologies. Our retail growth at seven per cent during FY’14 reiterates the confidence and trust that customers have in our products. This kind of retail growth has significantly given us the necessary momentum for the new financial year.”

 “FY’15 will be loaded with a slew of new launches, including many of the new products that we showcased at the recently concluded Auto Expo. These launches will be backed by strong marketing campaigns and continued market expansion. We are gearing up for increased market demand for our products with the commissioning of the Neemrana plant in this financial year.”

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