Net Q1 sales amounted to 1.4 million units
Hero MotoCorp manifested a growth of 35.7% in Q1 FY23, registering sales of 13.90 lakh units during the time. This is a strong hike from the 10.25 lakh mark of the first quarter of FY22. The company had sold 11.89 lakh units in the last quarter of the previous financial year, which indicates a quarter-to-quarter growth of 17%.
Monthly figures indicate 4.85 lakh units to have been sold this June. Hero has had a 3.3% Y-o-Y growth from June 2022, when it had sold 4.69 lakh units.
As part of its expansion, Hero Motocorp recently unveiled three new Euro-5 compliant products in Turkey: Dash 110, Dash 125, and the XPulse 200 4V motorcycle, which strengthens its global business operations. In addition, the manufacturer also launched the Passion XTech in India, in June.