Hero MotoCorp announced the new registered office as under -

Hero MotoCorp
The Grand Plaza
Plot No. 2, Nelson Mandela Road
Vasant Kunj - Phase-II
New Delhi - 110 070.

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Hero MotoCorp sold 516,775 units in month of November 2019 compared to 610,252 units in November 2018. Total sales include domestic sales of 505,994 units and exports of 10,781 units.

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The two-wheeler major announced sales data during market hours today, 2 December 2019.

Hero MotoCorp sold 516,775 units in November 2019 as against 610,252 units in corresponding period last year.

Domestic sales declined 15.81% to 5,05,994 units while exports surged 17.1% to 10,781 units in November 2019 as against November 2018.

On month-on-month basis, total sales declined 13.76% to 516,775 units in November 2019 as against 599,248 units in October 2019.

Following record festive retail sales in October 2019 and lowest-ever inventory in two-years, the November 2019 despatch numbers reflect Hero MotoCorp's intent to ensure a smooth transition to BS-VI norms.

The company said it has scaled up the production of its BS-VI vehicles, while discontinuing the production of several BS-IV models in an effort to migrate completely to the new emission era. The company has stopped production of more than 50 variants of its BS-IV range of products while rapidly increasing the production of BS-VI vehicles.

On consolidated basis, the company's net profit fell 5.1% to Rs 926.97 crore on a 16.4% decline in net sales to Rs 7660.27 crore in Q2 September 2019 over Q2 September 2018.

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Hero MotoCorp has launched India's first BS-VI compliant motorcycle - the new SplendoriSmart.

The Splendor iSmart is being launched in the market within a few months of HeroMotoCorp becoming the first two-wheeler manufacturer in the country to receive the BS-VIcertificate from iCAT.

The retail sales of the Splendor iSmart - attractively priced at Rs. 64,900/- (ex-showroom Delhi), is expectedto commence at Hero MotoCorp dealerships in Delhi and the National Capital Region (NCR)within the next few days. The motorcycle will gradually be available at the Company'sdealerships across the country over the next few weeks.

Available in three vibrant tones - Techno Blue & Black, Sports Red & Black and Force Silver& Heavy Grey - the new Splendor iSmart makes a strong first impression. The motorcycle isavailable in two variants - Self Drum Cast and Self Disc Cast (added BS-VI onwards).

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