India, May 9 -- Hero MotoCorp will bring the much-anticipated Xoom 125R and Xoom 160 premium scooters to the market in the next few months. Niranjan Gupta, CEO of Hero MotoCorp, confirmed the development in a statement announcing the financial results for the fourth quarter (January - March) of FY2024. Hero closed the year with an 18.3 per cent profit year-on-year close to Rs.10.16 billion. The manufacturer sold 13.92 lakh two-wheelers in Q4 FY2024, as against 12.70 lakh in Q4 FY2023.

FY2024 was an eventful year for Hero MotoCorp with a host of new launches under the Hero 2.0 strategy, which saw the manufacturer enter the premium two-wheeler segment with a new vigour. Hero will build on this momentum with the new Xoom 125R and Xoom 160, ...