ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Hero MotoCorp sales rise 35.7 pc year-on-year in April-June quarter

New Delhi [India], July 2 (ANI): Two-wheeler maker Hero MotoCorp sold 13.90 lakh units in the first quarter of the financial year (April-June) 2022-23.

ANI Jul 02, 2022 08:22 IST googleads

Representative Image

New Delhi [India], July 2 (ANI): Two-wheeler maker Hero MotoCorp sold 13.90 lakh units in the first quarter of the financial year (April-June) 2022-23.
This is a robust double-digit growth of 35.7 per cent over the corresponding quarter of the previous fiscal, when the company had sold 10.25 lakh units, the company said in a statement.
In the previous quarter i.e. January-March 2022, it had sold 11.89 lakh units.
"The growth in volumes indicates the continuously improving consumer sentiment and the company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity," the statement said.
In June, it sold 4.85 lakh units of motorcycles and scooters. Of those, 21,657 units were exported.
In the month of June, Hero MotoCorp introduced the new Passion 'XTec'. The motorcycle is packed with features such as the first-in-segment projector LED headlamp, full-digital instrument cluster with bluetooth connectivity, SMS and call alerts, real-time mileage indicator, low-fuel indicator, side-stand engine cut-off and service reminder.
Separately, TVS Motor Company registered a growth of 22 per cent in June 2022 with sales of 308,501 units, as against 251,886 units in the month of June 2021. (ANI)

Get the App

What to Read Next

Business

Finkurve Financial Services Limited (Arvog)

Finkurve Financial Services Limited (Arvog)

Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company's growth trajectory within India's secured lending ecosystem.

Read More
Business

Lexlegis to Showcase AI-Driven Legal-Tech Solutions at NVIDIA

Lexlegis to Showcase AI-Driven Legal-Tech Solutions at NVIDIA

Mumbai (Maharashtra) [India], March 12: Lexlegis, a pioneering legal-tech and AI-driven compliance solutions company, will participate in the prestigious NVIDIA GTC (GPU Technology Conference), scheduled to take place from March 16 to March 19, 2026, in San Jose. The company will exhibit its latest innovations at Booth #4054, engaging with global technology leaders, developers, and enterprises exploring the transformative power of artificial intelligence.

Read More
Business

Hero FinCorp's AI-Led Lending Platform 'Project Dhruv Tara'

Hero FinCorp's AI-Led Lending Platform 'Project Dhruv Tara'

Mumbai (Maharashtra) [India], March 12: As artificial intelligence and advanced analytics reshape credit decisioning across India's lending ecosystem, financial institutions are now increasingly combining advanced analytics with organisational capability to deliver faster credit access and scalable growth.

Read More
Business

Wizz Financial Completes First Stablecoin-Powered Cross-Border

Wizz Financial Completes First Stablecoin-Powered Cross-Border

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

Read More
Business

Steel Door Installed at Vijayakeeladri Manufactured

Steel Door Installed at Vijayakeeladri Manufactured

Vijayawada (Andhra Pradesh) [India], March 12: The Sri Vighnavimochaka Hanuman Temple near Vijayawada has installed India's tallest steel doors, standing at an impressive 40 feet in height. The monumental doors were engineered and manufactured by AACESS Tough Doors, a Hyderabad-based company specializing in large engineered steel door systems. Constructed using approximately 1.4 tonnes of high-strength structural steel, the massive installation features a double-shutter, two-side sliding system with remote-controlled automation, enabling smooth and safe operation despite its extraordinary scale.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.