In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019.
Motorcycle and scooters sales fell 16.8% to about 1.51 million units, while passenger car sales fell 36% to 122,956 units.
XL6 comes with full LED headlamps, which not only enhances the car’s visual appeal but will also offer improved visibility at night.
The auto sector, which contributes more than seven percent of India’s gross domestic product, is facing one of its worst downturns.
Net profit fell 27.3% year-on-year to ₹1,435.5 crore, while the company’s net sales during the period fell 14.1% to Rs18,735.2 crore.