Hero MotoCorp, country's largest two-wheeler maker has reported 10.86% decline in its net profit at Rs 548.58 crore for the first quarter ended June 30, 2013 against Rs 615.46 crore for the same quarter last year. Net sales of the company declined by 1.30% to Rs 6,126.84 crore for the quarter under review, as against Rs 6,207.78 crore during the same period of previous financial year.
The company's total income for the quarter has been recorded at Rs 6,159 crore. It has reported 5.95% decline in total sales at 5, 02,279 units for June 2013 as against 5, 34,091 units sold in the same month last year.
