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Home CURRENT AFFAIRS Hero Moto Corp Records 25 Percent YoY Growth In November 2023; Details

Hero Moto Corp Records 25 Percent YoY Growth In November 2023; Details

Hero Moto Corp has released its sales figures for the November month. The company sold 476286 units in November 2023, resulting in 25.39 per cent YoY growth in November 2023. Check out more details below.

Hero Moto Corp Sales

Hero Moto Corp has released its sales figures for the November month. The company sold 476286 units in November 2023, resulting in 25.39 per cent YoY growth in November as compared to 379838 Units in November 2022. The recorded growth can be attributed to the festive season in the country. 

Hero Motocorp November 2023 Sales

Hero Moto Corp’s sold 491050 Units in November 2023 resulting in 25.61 per cent as when compared to 390932 units in November 2022. The two-wheeler manufacturer expects that the demand will remain stable as the November month for the next few months due to marriage season and positive consumer sentiments. 

Motorcycle Sales

Hero Moto Corp sold 441276 Units of motorcycles the previous month, a growth of 25.07 per cent when compared to 352834 in November 2022. The brand has also recorded a growth of 30.65 per cent in scooter sales with 49774 units sold in November when compared to the sales of 38098 units during the same period last year. 

Hero Moto Corp Exports

Hero Moto Corp exported 14764 units of its vehicle in November 2023 which resulted in a growth of 33.09 percent in the exports.

Year-to-Date Sales

Hero Moto Corp’s Y-t-D sales stood at 3835080 Units between April and November 2023 resulting in a growth of 4.67 per cent when compared to 3663875 Units sold during the same period in FY 2023.

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