Hero MotoCorp clocks 36 pc rise in Q1, net profit at Rs 1,123 crore
The company said that the higher profit was driven by strong sales, recovery in the rural market and new launches.
The two variants, HF Deluxe BS-VI, self-start alloy wheel and self-start alloy-wheel i3S variant will be available.
Hero is the world's largest manufacturer of two-wheeled vehicles. (Photo: iStock)
India’s largest two-wheeler manufacturer Hero MotoCorp on Tuesday launched BS-VI motorcycles in its entry level 100 cc bike, starting from Rs 55,925.
The two variants, HF Deluxe BS-VI for the self-start alloy wheel variant is priced at Rs 55,925 whereas, its self-start alloy-wheel i3S variant costs Rs 57,250 (ex-showroom, Delhi). Both the models, which comes with Xsens technology-powered fuel injection system, will hit the market from the beginning of January 2020
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“With these products coming in quick succession, Hero MotoCorp is rapidly ramping-up its portfolio of BS-VI products and plans to transform its entire range to BS-VI norms very soon,” the company said.
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Prior to this, the company had launched its first-ever BS-VI product, Splendor iSmart.
Commenting on company’s low BS-IV inventories, Hero MotoCorp Executive Director – Operations (Plants) and Chief Technology Officer Vikram Kasbekar said, “We will be introducing a slew of BS-VI products in the coming weeks.”
(With input from agencies)
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