Hero MotoCorp posts highest-ever profit over record sales
Hero MotoCorp on Wednesday posted its highest-ever profit of ₹1,004.22 crore, recording 27.74% year-on-year rise in net profit for the quarter ended September. This comes after the company recorded its highest-ever quarterly sales by volume, selling over 18 lakh two-wheelers, up 16% from last year. Hero MotoCorp Chairman Pawan Munjal called the September quarter "a defining phase" for the company.