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Hero MotoCorp reports 5% fall in total wholesales in April

02 May 2023 Evaluate

Hero MotoCorp has reported 5% fall in total wholesales to 3,96,107 units in April 2023. The company had dispatched 4,18,622 units in the year-ago period. Domestic sales declined to 3,86,184 units from 3,98,490 units in April 2022. Exports also dipped to 9,923 units last month from 20,132 units in the year-ago period. 

The company expects the momentum to build up in the coming months on account of a combination of multiple factors, including a slew of new product launches, healthy growth in the country's GDP and positive consumer sentiments. 

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.


Peers
Company Name CMP
Bajaj Auto 10417.00
TVS Motor Company 4093.00
Hero MotoCorp 5230.00
Eicher Motors 7280.00
OLA Electric Mobilit 35.01
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