Saturday, August 1, 2009

Hero Honda sales up 30.39% in July

The country's largest two-wheeler maker Hero Honda Motors Ltd reported a jump of 30.39 per cent in its sales at 3,66,808 units in July compared to the sales in the same month last year.
Hero Honda had reported a jump of 83.28 per cent in its net profit at Rs 500.11 crore for the quarter ended June 30 on account of robust sales amidst softening of input costs.
The company sold 2,81,317 units in July last year.
The net profit for the first quarter for the last fiscal was at Rs 272.87 crore.
The total income of the company had grown by 33.72 per cent to Rs 3,864.92 crore during the April-June period of this fiscal from Rs 2,890.25 crore of the same quarter a year ago.
The company had crossed 10-lakh units mark in a single quarter for the first time by selling 11,18,987 units from 8,94,244 units in the year-ago period, up 25.13 per cent.
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