Hero Honda has retained the coveted title of being the world’s largest two wheeler manufacturer for the 9th consecutive year. They had sales of over a million units and a PAT of over Rs. 500 crores in each of the quarters. Hero Honda concludes the year with record sales of over 4.4 million units, a growth of 22 per cent over the calendar year 2008 when the company had sold 3.6 million units.
Some highlights of the 3rd Quarter of the financial year 2009-10
- Total turnover (Net sales & Other Operating income) 3827.03 crores, growth of 32.82 per cent
- Net profit after tax at Rs. 535.77 crores, growth of 78.34 per cent
- EBIDTA margin for the quarter 17.27 per cent
- Total sales for Q3 stands at 11,11,372 units, growth of 29.56 per cent
- Third consecutive quarter with more than a million units in sales
Hero Honda also won the following awards this year:
- "Company of the Year” 2009 by Economic Times corporate excellence award
- “Bike Manufacturer of the Year” 2009 by Zigwheels
- “Bike Manufacturer Award”. at the NDTV Profit Car India Bike India 2009 Awards
More details and figures in the attached sheet