The announcement was made after market hours yesterday, 1 August 2017.

Meanwhile, the S&P BSE Sensex was up 37.49 points, or 0.12% to 32,612.66.

On the BSE, 2,768 shares were traded in the counter so far, compared with average daily volumes of 65,533 shares in the past one quarter. The stock had hit a high of Rs 3,820.50 and a low of Rs 3,743.45 so far during the day. The stock hit a record high of Rs 3,880.25 on 5 June 2017. The stock hit a 52-week low of Rs 2,844.40 on 17 November 2016.

The stock had underperformed the market over the past one month till 1 August 2017, falling 1.47% compared with 4.34% rise in the Sensex. The scrip had outperformed the market in past one quarter, rising 10.49% as against Sensex's 8.97% rise. The scrip had underperformed the market in past one year, rising 14.16% as against Sensex's 16.42% rise.

The large-cap company has equity capital of Rs 39.94 crore. Face value per share is Rs 2.

Hero MotoCorp said it commenced the second quarter of the fiscal with a robust six-lakh plus sales in July, despite sluggish sales for the first few days of the month due to the transition to goods and services tax (GST). The company said it is confident of carrying forward this growth momentum into the upcoming festive season.

Net profit of Hero MotoCorp rose 3.50% to Rs 914.04 crore on 7.74% rise in net sales to Rs 7971.58 crore in Q1 June 2017 over Q1 June 2016.

Hero MotoCorp is the world's largest manufacturer of two-wheelers.

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Hero MotoCorp has sold 623,269 units of two wheelers in July 2017, registering a growth of 17.1% over 532,113 units sold in July 2016.

This is the third consecutive month of six-lakh plus sales, having clocked 624,185 units in June and 633,884 units in May.

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Net profit of Hero MotoCorp rose 3.50% to Rs 914.04 crore in the quarter ended June 2017 as against Rs 883.09 crore during the previous quarter ended June 2016. Sales rose 7.74% to Rs 7971.58 crore in the quarter ended June 2017 as against Rs 7398.91 crore during the previous quarter ended June 2016.

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The result was announced after market hours yesterday, 25 July 2017.

Meanwhile, the S&P BSE Sensex was up 69.15 points, or 0.21% to 32,297.42.

On the BSE, 6,970 shares were traded in the counter so far, compared with average daily volumes of 63,397 shares in the past one quarter. The stock had hit a high of Rs 3,741 and a low of Rs 3,689.95 so far during the day. The stock had hit a record high of Rs 3880.25 on 5 June 2017. The stock had hit a 52-week low of Rs 2,844.40 on 17 November 2016.

The stock gained 1.27% over the past one month till 25 July 2017, underperforming the Sensex's 3.5% rise. The scrip had, however, outperformed the market in past one quarter, rising 12.14% as against Sensex's 7.63% rise. The scrip had, however, underperformed the market in past one year, gaining 13.02% as against Sensex's 14.71% rise.

The large-cap two-wheeler major has equity capital of Rs 39.94 crore. Face value per share is Rs 2.

Hero MotoCorp's EBITDA (earnings before interest, taxes, depreciation and amortization) rose 5.35% to Rs 1295.90 crore in Q1 June 2017 over Q1 June 2016. EBITDA margin remained steady at 16.3% in Q1 June 2017.

Pawan Munjal, Chairman, Managing Director and Chief Executive Officer of Hero MotoCorp said that in Q1 June 2017, the company further consolidated domestic motorcycle market share by clocking all time high sales. The growth in the domestic market was aided by an improvement in overall market sentiment and robust demand for company's range of two-wheelers.

With several new products planned for launch over the next few quarters from world class Centre of Innovation and Technology (CIT), the company remains committed to consolidating its domestic leadership and expanding global footprint into new markets, he added.

Hero MotoCorp is the world's largest manufacturer of two-wheelers.

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