Hero MotoCorp L
td (HMCL), the world’s largest two-wheeler manufacturer, capped-off yet another year as the dominant market leader in the country with a sturdy sales performance.
Sustaining its strong sales performance over the past two quarters, HMCL sold 606,542 units in the month of March, registering a growth of 14% over the corresponding month last year when the company had sold 531,750 units.
The company sold 6,632,322 units of two-wheelers during FY ‘15-‘16. It had sold 6,631,826 units in the previous fiscal FY ‘14-‘15.
In addition to the continued success of its popular brands, the Splendor, Passion and HF Deluxe, Hero MotoCorp also gained significant traction in the 125cc segment with its Super Splendor and Glamour brands and maintained its leadership in this segment as well.
In the scooter segment as well, the company has been consistently clocking impressive numbers month on month, thanks to the immense popularity of Maestro Edge and Duet. Both these scooters are now available in all markets across the country.
With strong sales performance in March, Hero set yet another benchmark by exceeding the landmark of 6-lakh plus monthly sales thrice in a single financial year – March, 2016 (606,542), October, 2015 (639,802) and September, 2015 (606,744).