Hero profit up 71% on highest quarterly sales
India’s largest two-wheeler manufacturer Hero MotoCorp on Thursday reported a standalone net profit of ₹814.16 crore for the quarter ended March, up by 70.85% over the corresponding period a year ago. The rise was attributed to a 9.25% increase in quarterly sales to the highest ever figure of 17.21 lakh units, with net sales rising by 10.3% to ₹7,385 crore.