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.
Promoter of Hero group Santosh Munjal and matriarch of the Munjal family, Santosh Munjal has passed away, according to the family.
Santosh Munjal (92), the wife of late Brijmohan Lall Munjal, Chairman Emeritus of Hero MotoCorp, breathed her last on Friday, a family statement said.
She is survived by her sons, Suman Munjal (Executive Chairman of Rockman Industries Ltd), Pawan Munjal (Chairman, Managing Director and CEO of Hero MotoCorp) and Sunil Munjal (Chairman Hero Enterprise) and daughter Geeta Anand.
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She also leaves behind grandchildren Rahul, Abhimanyu, Ujjwal, Akshay, Vidur, Vasudha, Supria, Annuvrat, Gaytri and Arjun and great-grandchildren, the statement added.
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