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The company’s motorcycle sales marginally decreased 0.44% to 40,0293 units, while scooter sales jumped 34.99% to 42,580 units in December 2024 over December 2023.
During the period under review, sales of motorcycles and scooters in the domestic market aggregated to 41,2378 units (down 2.03% YoY), while exports of the same were at 30,495 units (up 140.8% YoY).
The company’s electric vehicle brand, VIDA, dispatched 6,669 units of the newly launched VIDA V2 electric scooter, which starts at Rs 96,000/-
Hero MotoCorp is engaged in the manufacturing and selling of motorized two-wheelers, spare parts, and related services. The company is a leading two-wheeler manufacturer and has a dominant presence in the domestic market.
The company’s consolidated net profit jumped 26.29% to Rs 1,045.89 crore on a 15.4% increase in revenue from operations to Rs 10,210.79 crore in Q2 FY25 over Q2 FY24.
Shares of Hero MotoCorp shed 0.45% to Rs 4,383 on the BSE.
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