Hero MotoCorp sells 40.58 lakh two-wheelers in 9MFY23, up 8% yoy

2 Jan 2023 , 03:01 PM

Hero MotoCorp has sold more than 40.58 lakh units in the first three quarters of the FY2022- 23 (April-December), achieving growth of 8% over the corresponding period in the previous fiscal (FY22), when it had sold 37.55 lakh units, the company said in a filing on Monday.

It has dispatched 394,179 units of motorcycles and scooters in the month of December 2022. 

‘With the continuously improving consumer sentiment on account of favorable macro-economic indicators, the company expects a positive momentum to build up from the fourth quarter onwards.’

In the month of December, Hero MotoCorp launched the much-awaited XPulse 200T 4Valve at an attractive price of Rs1,25,726 (ex-showroom Mumbai). With enhanced touring capabilities, superior state-of-the-art technology and clear advances in the areas of design and performance, the all-new Hero XPulse 200T 4V is set to write another chapter in the XPulse’s success story. 

The company hosted the prestigious Hero World Challenge, a PGA Tour invitational, featuring 20 of the top golfers in the world. The tournament witnessed Viktor Hovland winning his second consecutive HWC championship.

Further strengthening Hero MotoCorp’s ‘We Care’ initiative, the company partnered with the Paralympic Committee of India (PCI) for the development and training of specially-abled athletes. The organization will provide these athletes with world-class facilities, equipment, and professional training designed to enhance their skills and hone their talent.

At around 3:00 PM, Hero MotoCorp was trading at Rs2721.20 per share lower by 0.58% on the BSE.

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