Hero MotoCorp clocked its highest-ever sales in a financial year at 66,63,903 units, compared to 66,32,322 units it had sold in the previous fiscal (FY16).
Sustaining a steady demand for its popular range of two-wheelers amidst a challenging economic and industry environment, the company sold 609,951 units in March 2017. The company had sold 606,542 units in March 2016.
During the fiscal year, Hero MotoCorp created yet another significant industry benchmark by surpassing the landmark 6-lakh plus monthly sales on five occasions in a single year - March 2017 (609,951), October 2016 (663,153), September 2016 (674,961), August 2016 (616,424) and April 2016 (612,739).
Shares of the company declined Rs 19.15, or 0.59%, to settle at Rs 3,204.70. The total volume of shares traded was 16,106 at the BSE (Monday).