OMG! This Company Sold 5.03 Lakh Bikes & Scooters In June 2024 - Check Details

Hero MotoCorp, the world’s largest two-wheeler manufacturer, sold 503,448 units of motorcycles and scooters in June 2024.

It has registered a growth of 15% in June 2024 over the corresponding month last year (June 2023).

In the domestic market, the company sold 491,416 units in the month, a growth of 16% over the corresponding month (422,757 in June 2023). 

For the quarter ended June 2024, the company’s total sales grew by 13.5% over the previous year (Q1FY’25 - 15.35 lakhs vs. Q1FY’24 - 13.52 lakhs).

The company registered an impressive growth of 44% in its global business sales during Q1 FY'25, on the back of the expansion of Nepal operations, growth in Colombia & Mexico, and increased market penetration in Turkey.