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

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

MumbaiMumbai: Gold Sales Cross ₹12,000 Crores Nationwide on Akshaya Tritiya; Mumbai MMR Sees ₹800 Crores Trade

NationalAkshaya Tritiya 2025: Gold Market Sees Huge Footfall Despite Price Hike (Watch Video)

MaharashtraOver 10,000 Pakistani Nationals Traced in Maharashtra and Delhi Post-Palgham Terror Attack

MumbaiViral Sighting of Tesla Cybertruck Near Mumbai Stirs EV Enthusiasm (Photos)

Business Realted Stories

BusinessCultural Diplomacy in Action: Indo Ecuador Film Forum Unveiled at ICMEI

BusinessRaj Kumar Dubey has Taken Over the Additional Charge Director (Marketing) of BPCL

BusinessSC orders liquidation of BPSL, sets aside JSW Steel's resolution plan

Business30,000 Smiles and Counting: Dr. Premila Naidu's SmallBites Launches India's First Exclusive Pediatric Dental Clinic Chain

BusinessKSB Limited Posts Solid Q1 2025 Results with Sustained Growth and Stability