Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ Companies / Hero Honda sales up over 16% in June
BackBack

Hero Honda sales up over 16% in June

Hero Honda sales up over 16% in June

Premium

New Delhi: The country’s largest two-wheeler maker Hero Honda on Thursday reported a 16.60% jump in its sales in June at 4,26,454 units over 3,65,734 units it sold in the corresponding month last year.

This is the 18th consecutive time that the company has recorded sale of over 3 lakh units in a single month.

For the April-June quarter, the company’s sales rose 10.28% to 12,34,039 units from 11,18,987 units in the year-ago period, a statement from Hero Honda said.

“We are quite happy with our solid performance in the first quarter of 2010-11 which has set a positive tone for the rest of the financial year," Hero Honda Motors senior vice-president for marketing and sales Anil Dua said.

He said growth in June was attained on the back of the high base effect of the company’s sales last year. “Growth is coming across all segments including our scooter Pleasure which is now contributing over 25,000 units every month to the overall volume," Dua added.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 01 Jul 2010, 05:30 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App