Hero MotoCorp sales up 14% in March; sells over 6 lakh units

Country's largest two-wheeler maker Hero MotoCorp today reported 14 per cent increase in sales at 6,06,542 units in March.

The company had sold 5,31,750 units in March 2015, Hero MotoCorp said in a statement.

For the fiscal ended March 31, the company posted a marginal increase in sales at 66,32,322 units as against 66,31,826 units in the previous year, it added.

Hero MotoCorp Chairman, Managing Director and CEO Pawan Munjal said: "Closing the financial year 2015-16 with augmented leadership at home and expanded global footprint - five years since we commenced our solo journey - is a matter of immense pride and satisfaction for all of us at Hero MotoCorp."

He said the industry witnessed mixed fortunes in FY16 with sales looking up in the second half of the year.

"Timely measures by the government and a good monsoon will be essential in sustaining this positive trend. The journey from here promises to be even more exciting as we gear-up to launch our in-house developed products," Munjal added.