Hero MotoCorp, the global leader in motorcycle and scooter manufacturing, experienced a decent decline in July 2024. They delivered 370,274 units, a 5.38% decline compared to July 2023's figure of 391,310 units.
Hero MotoCorp | July 2024 | July 2023 | YoY % |
Motorcycles | 340,390 | 360,592 | -5.60% |
Scooters | 29,884 | 30,718 | -2.72% |
Total | 370,274 | 391,310 | -5.38% |
Domestic | 347,535 | 371,204 | -6.38% |
Exports | 22,739 | 20,106 | 13.10% |
Hero MotoCorp domestic sales figures for July 2024 also marked a significant decline of 6.38%, with sales units of 347,535 against 371,204 domestic sales in July 2023. Meanwhile, the export sales figures saw a growth of 13.10%, with a sales unit of 22,739 against 20,106 export sales in July 2023.
Motorcycle sales declined by 5.60%, from 360,592 in July 2023 to 340,390 in July 2024. Scooter sales decreased by 2.72% to 29,884 in July 2024 from 30,718 in July 2023.
Hero MotoCorp | YTD FY 2025 | YTD FY 2024 | Change |
Motorcycles | 1,781,346 | 1,623,232 | 9.74% |
Scooters | 124,084 | 120,652 | 2.84% |
Total | 1,905,430 | 1,743,884 | 9.26% |
Domestic | 1,831,697 | 1,688,454 | 8.48% |
Exports | 73,733 | 55,430 | 33.02% |
In YTD 2025, Hero's domestic sales were 1,831,697 units compared to 1,688,454 units in YTD 2024. Moreover, the company's sales increased by 9.26% to 1,905,430 units from 1,743,884 units in FY 2024.
The company sold 1,781,346 motorcycles and 124,084 scooters in YTD 2024-25. Hero Exports Sales in YTD 2024-25 were 73,733 units, marking a growth of 33.02%.
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