In a remarkable financial performance for the third quarter of the fiscal year 2024, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reported impressive growth figures. The company announced a revenue of Rs. 9,724 crore and a net profit after tax (PAT) of Rs. 1,073 crore, marking a 51% increase in profitability. […]
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reported a robust increase in their Q2 FY’24 earnings. The company’s revenue surged to Rs. 9,445 crore, marking a growth of 4.1%. Notably, the Profit After Tax (PAT) for Q2 stood at Rs. 1,054 crore, a substantial 47% increase from the previous year. Details of […]
Hero MotoCorp, the global leader in motorcycle and scooter manufacturing, is gearing up to commence deliveries of their highly-anticipated co-developed premium motorcycle, the Harley-Davidson X440. The auspicious date for this exciting event is set for the 15th of October 2023, coinciding with the joyous Navratri festival. Harley-Davidson X440 Manufactured at Hero’s Garden Factory The Harley-Davidson […]
In the first quarter (April-June 2023) of FY’ 2024, Hero MotoCorp, the world’s leading manufacturer of motorcycles and scooters, announced revenue from operations at Rs. 8,767 Crore, reflecting an increase from last year’s Rs. 8,393 Crore. The company’s total income also saw an uptick, reaching Rs. 8,989 Crore, up from Rs. 8,446 Crore. Financial Snapshot […]
Within a month of opening bookings, Hero MotoCorp, renowned as the world’s top motorcycle and scooter manufacturer, garnered a whopping 25,597 bookings for the eagerly awaited Harley-Davidson X440. Following this overwhelming response, the introductory ex-showroom prices have undergone revision. The updated prices for the Denim, Vivid, and S variants stand at INR 2,39,500/-, INR 2,59,500/-, […]
Hero MotoCorp, recognized as the world’s largest manufacturer of motorcycles and scooters, sold a total of 3,91,310 units in July 2023. The sales figure reflects the challenges faced in certain parts of the country due to severe weather conditions, including unprecedented rains and floods. These natural events led to a sharp decline in customer visits […]
Hero MotoCorp, an Indian manufacturer of motorcycles and scooters, has introduced the highly anticipated Xtreme 160R 4V, further solidifying its presence in the premium motorcycle segment. The new addition to the Xtreme brand promises an exhilarating experience and aims to captivate the youth worldwide with its revamped X-range of premium motorcycles. Unveiled at the Centre […]
Hero MotoCorp said that it sold 519,342 two wheelers in March 2023, which marks a growth of 15% compared to March 2022 during which the Indian motorcycles and scooters manufacturer sold 450,154 units. In the wake of the increased demand for its two-wheelers throughout March 2023, Hero MotoCorp consolidated its position further by crossing 5.3 […]
Indian two-wheeler manufacturer Hero MotoCorp said that it will increase the ex-showroom prices of its motorcycles and scooters because of overall inflationary costs. The increased prices will come into effect from 1 December 2022. According to Hero MotoCorp, the increase in prices will be up to INR 1,500. The exact quantum of increase will be […]