The country’s largest two-wheeler company Hero MotoCorp has reported a marginal rise in its standalone net profit to ₹1,010 crore for the second quarter ended September compared with ₹1,004 crore in the corresponding period last year.

However, total income fell to ₹8,479 crore during the July-September quarter as against ₹8,601 crore in the same period last year.

The company said it has recorded highest ever sales in a quarter by selling 20,22,805 units during the period, up 11 per cent as compared with 18,23,498 units in the July-September quarter last year.

“The July-September period has been a historic quarter for us. Within a span of just three months, we successfully created several new global benchmarks, further augmenting our market leadership. Having surpassed 75 million units in cumulative sales, we followed it up with multiple record performances in quick succession,” Pawan Munjal, Chairman, Managing Director and Chief Executive Officer, Hero MotoCorp, said on Wednesday.

He said the company clocked two-million unit sales in a quarter for the first time, which also included the over 7-lakh sales in September — both global records.

“The all-time high sales in the quarter have translated into strong financial growth, reflecting the customers’ unwavering preference for our products and trust in the brand. This has also set a new benchmark in our bottom line,” he said.

“With a series of new product launches and significant brand building initiatives in the global markets, we are confident of carrying forward the momentum in the second half of the year as well,” he added.

Shares of Hero MotoCorp closed at ₹,3816.45 on the BSE on Wednesday, down 0.99 per cent from the previous close.

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