City
Epaper

Hero MotoCorp's June sequential wholesale grows fourfold

By IANS | Updated: July 1, 2020 18:37 IST

New Delhi, July 1 Two-wheeler major Hero MotoCorp reported a four time rise in wholesale growth on a sequential ...

Open in App

New Delhi, July 1 Two-wheeler major Hero MotoCorp reported a four time rise in wholesale growth on a sequential basis in June.

The company's wholesale deliveries made to dealerships during the month under review sequentially grew to over 450,744 units from the 112,682 units dispatched in May 2020.

"Despite the challenging conditions, Hero MotoCorp sold a total of 5,63,426 units of motorcycles and scooters in the first quarter (April-June) of Financial Year 2020-21," the company said in a statement.

"The sales in the first quarter of FY'21 was subdued due to the impact of Covid-19 and the effects of the closure of the plant operations and the retail outlets through the entire month of April and most of May."

Additionally, Hero MotoCorp made significant progress in ramping-up production across all of its eight manufacturing facilities - six in India and two abroad.

( With inputs from IANS )

Tags: indiaNew DelhiThe new delhi municipal councilDelhi south-west
Open in App

Related Stories

InternationalIranian President Calls for Constructive Role of Brics to Halt West Asia Conflict During Talks With PM Modi

LifestyleEid 2026 Date: When Will Saudi Arabia, UAE and India Celebrate Eid-ul-Fitr?

MaharashtraMaharashtra CM Devendra Fadnavis Unfurls 200-Foot National Flag at Nagpur’s Kasturchand Park

NationalAhmedabad Traffic Update for India vs New Zealand T20 World Cup Final: Check Road Closures and Alternate Routes Near Narendra Modi Stadium

AurangabadLocal industries feel heat of Global conflict

Business Realted Stories

BusinessSignify Khel Jyoti Illuminates Grassroots Sports in Haryana, Powering the Next Generation of Athletes

BusinessIndia adds highest-ever 6.05 GW wind energy in FY26, 46 pc jump from FY25

BusinessTRAI proposes framework for app-based TV distribution, seeks stakeholder feedbacks

BusinessWipro shares closed with gains after securing USD 1 billion strategic deal with Olam Group in Singapore

BusinessAIIMS Delhi launches VR training centre for medical students