Hero MotoCorp, country's largest two-wheeler maker reported jump of 27.39% that is its highest-ever sales for November at 5,36,772 units against 4,21,366 units in the same month last year. The company has been maintaining five-lakh-plus sales since August 2011, when it launched its new brand identity.
The company plans to continue with its strategy of regular new launches and network expansion.
The two-wheeler maker’s net profit for the quarter ended September 30, 2011 has registered growth of 19.39% at Rs 603.62 crore as compared to Rs 505.60 crore for the corresponding quarter of the previous year. Its total Income has increased by 27.62% at Rs 5909.07 crore for the quarter under review from Rs 4630.30 crore for the similar quarter of the previous fiscal.