Hero MotoCorp CEO Niranjan Gupta announced plans to launch new scooter models in India's festive season, aiming to re-energize the segment. The company also announced the expansion of its EV brand, Vida, into the affordable segment. Hero MotoCorp reported a standalone net profit of Rs 1,123 crore for Q3 2024, up 36% YoY from Rs 825 crore in the same period.
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