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<keyword id="6354706" type="CITY" weightage="100" keywordseo="Indigo">IndiGo</keyword>, the low-cost airline headquartered in Gurgaon, has announced a three-day monsoon special sale, under which one can travel across its 39 domestic destinations for as less as Rs 899. Effective from June 12 to 14, 2017 for travel between July 1 and September 30, the flights on select routes including Mumbai-Goa, Jammu-Amritsar, Delhi-Udaipur, Ahmedabad-Mumbai, Chennai-Port Blair, Hyderabad - Mumbai, Kolkata-Agartala, Delhi-Coimbatore and Goa-Chennai would cost you Rs 899 all-inclusive. A press release from the airline said that tickets under the special fares offer will only be available on a first-come-first serve basis and would be non-refundable. "After receiving a positive response on the summer special sale, we are delighted to announce another three-day monsoon special offer. We are anticipating an increase in demand beyond summer vacations and are pleased to introduce special fares," said IndiGo chief commercial officer Sanjay Kumar.

Fly IndiGo for as less as Rs 899

<ul><li>According to various analyst reports, <keyword id="6357252" type="UNKNOWN" weightage="20" keywordseo="Hero-MotoCorp">Hero MotoCorp</keyword> is likely to see a 66% revenue dip and over 88% fall in its profit in its first-quarter earnings. </li><li>The sales were down nearly 54% in the first quarter due to weak market sentiments.</li><li>However, the company is seeing some signs of recovery. According to the lobby of auto manufacturers FADA, Hero’s India market share has risen to 41% for July.</li></ul>Rural demand may cushion Hero MotoCorp's first quarterly earnings, but the loss of sales in April may take a toll on its profit. India’s largest two-wheeler manufacturer will announce its first-quarter results tomorrow. The lost sales account more than what the company sold during the quarter under review. The sales were down nearly 54% in the first quarter due to weak market sentiments. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hero MotoCorp </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April to June 2019 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April to June 2020 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Growth% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sales </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">12,26,394 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">5,63,426 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-54% </td></tr></tbody></table> According to various analyst reports, the company is slated to see a 66% revenue dip, and over 88% fall in its profit in its first-quarter earnings. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Brokerage on Hero Moto </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected profit growth </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Expected revenue growth </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Prabhudas Liladher </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-76.20% </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">66% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Share Khan </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-95.40% </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-65% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nirmal Bang </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">93.80% </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">66.40% </td></tr></tbody></table> The company also informed investors that the full demand recovery is only expected as early as in the second half of the year — driven by buoyancy in rural sentiments, pent-up demand, and preference for personal transport to ensure safety in a post-COVID era. COVID-19 has hurt the automobile sector in India, and Hero’s story is no different. But Hero MotoCorp was one of the first few companies that emerged stronger from the lockdown as compared to its peers. Despite the lost sales, according to the lobby of auto manufacturers FADA, Hero’s market share has increased up to 41% in India — all thanks to the normal monsoon, a bumper Rabi crop, and its greater reach in the rural market. <div type="image" title="market share" msid="77505773" hostid="261"></div> And, that is what the investors have been betting on, the share price is trading higher than its pre-COVID level. The stock has multiplied investor wealth over 74% since the beginning of the first quarter. <div type="image" title="Hero 1" msid="77505801" hostid="261"></div> However, analysts at Dolat Capital still believe that the short-term business outlook remains uncertain due to the COVID-19 pandemic. Brokerages are expecting the numbers to be better than what its competitor TVS posted last week. But it is pertinent to note that TVS Motor reported a standalone net loss of ₹139.1 crore for the first quarter ended June 30. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Brokerages on Hero </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Recos </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Target Price </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ShareKhan </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Buy </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹3,100 </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IIFL </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Buy </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹2,875 </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HDFC </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Buy </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹3,100 </td></tr></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/business/news/meet-the-makers-of-motera-stadium-the-same-company-that-designed-melbourne-cricket-ground-and-sections-of-lords/articleshow/77499104.cms" data-type="tilCustomLink">EXCLUSIVE: Meet the makers of Motera Stadium — the same company that designed Melbourne Cricket Ground and sections of Lord’s</a> <a href="https://www.businessinsider.in/india/news/interglobe-aviation-indigo-shares-gained-over-9-after-the-company-decides-to-lease-back-12-of-its-aircrafts/articleshow/77500385.cms" data-type="tilCustomLink">IndiGo shares rally over 9% after the company decides to lease back 12 of its aircrafts</a>

Hero Moto’s lost sales will take a toll on its earnings — profit likely to fall over 88% in the first quarter

Domestic <keyword id="752593" type="UNKNOWN" weightage="100" keywordseo="budget-carriers">budget carriers</keyword> <keyword id="6358032" type="CITY" weightage="100" keywordseo="SpiceJet">SpiceJet</keyword>, <keyword id="6354706" type="CITY" weightage="100" keywordseo="Indigo">Indigo</keyword> and <keyword id="6356167" type="COMPANY" weightage="100" keywordseo="GoAir">GoAir</keyword> have come up with another sale offer with fares starting from Rs 1,699 on domestic routes. The travel period for the three-day sale (July 15-17) is between August 18 and September 30. 
 
"Indian travellers have reason to rejoice this monsoon season with a new airfare sale valid for closer dates of travel - August and September this year. SpiceJet has announced fares starting Rs 1,999 while Indigo sales start at Rs 1,699 for select sectors," travel portal MakeMyTrip co-founder and chief executive Rajesh Magow said. 
 
With popular destinations such as Goa, Guwahati, Port Blair, Dharamshala, Udaipur, Thiruvananthapuram and Kochi being served under these promotions, MakeMyTrip expects travellers to make use of this limited-period offer, he said. 
 
The fresh sale offer by the low-cost carriers is aimed to boost travel during the lean period between the long weekends in August and October on account of Independence Day and Gandhi Jayanti holidays," Yatra.com president Shara Dhull said.

Budget Carriers Come Up
With Another Sale Offer With Fares Starting From Rs 1,699

Joining the bandwagon of flash sales, national carrier <keyword id="2573" type="CITY" weightage="20" keywordseo="Air-India">Air India</keyword> has doled out a limited period offer of all-inclusive fares as low as Rs 1,777 on its domestic network. Debt-ridden Air India has followed suit after private carriers <keyword id="6358200" type="CITY" weightage="20" keywordseo="Jet-Airways">Jet Airways</keyword>, <keyword id="6358032" type="CITY" weightage="20" keywordseo="SpiceJet">SpiceJet</keyword>, <keyword id="6354706" type="CITY" weightage="20" keywordseo="Indigo">Indigo</keyword> and <keyword id="6358246" type="COMPANY" weightage="20" keywordseo="AirAsia">AirAsia</keyword> launched flash-sale on their post-peak season ticket prices. 
	 
	According to an ET report, the discounted tickets can be booked between June 10 and June 12 through various online travel portal, the carrier’s official website, as well as authorised travel agents. Tickets bought against the Monsoon Sale will be valid for travel from July 1 to September 30, it added.

Hurry! Air India joins Jet Airways, Spicejet, rolls out limited
offer flash fares

In what came as a surprise on Tuesday, <a href="http://www.businessinsider.in/searchresult.cms?query=SPICEJET&amp;sortorder=effectivedate">SpiceJet</a> introduced local fares as low as Rs 511 for domestic sectors and Rs 2,111 for international sectors. 
 The three day sale launched today will be open till midnight, 19 May for domestic travel period 15 June 2016 to 30 September 2016 and international travel period 1 June 2016 to 20 July 2016. The sale is valid only for direct <keyword id="6367662" type="UNKNOWN" weightage="100" keywordseo="flights">flights</keyword> within <keyword id="6358032" type="CITY" weightage="100" keywordseo="SpiceJet">SpiceJet</keyword>'s network. 
 The special offer is available on routes such <keyword id="45016" type="COMPANY" weightage="100" keywordseo="Dehradun">Dehradun</keyword>, Bagdogra, Udaipur, Jaipur, Goa, <keyword id="107932" type="CITY" weightage="100" keywordseo="PORT-BLAIR">Port Blair</keyword>, Kochi etc in the domestic network and Bangkok, Colombo, Dubai &amp; Muscat in the international network. 
 
"This airfare sale targets travel from 15 June onwards covering the end of the peak holiday season and the upcoming lean monsoon months. SpiceJet, AirAsia, GoAir and Indigo are offering tickets starting as low as INR 511/- on both domestic and international routes," said Sharat Dhall, president Yatra.com, talking to Economic Times adding the sale is “a bit unanticipated for this time of the year.."

Hurry! SpiceJet introduces local fares at Rs 511 as part of 'anniversary sale' offer

<keyword id="173176" type="General" weightage="100" keywordseo="emkay" source="Orion">Emkay</keyword> Institutional Equities, a part of Emkay Global Financial Services, expects <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> will likely witness a sub-five per cent inflation in the early part of 2023, with an average rate of Consumer Price Index at 5.2 per cent for the entire calendar year. The <keyword id="30067" type="General" weightage="80" keywordseo="rbi" source="Orion">RBI</keyword>'s monetary policy actions, forecast of a normal monsoon this year, and supply-side constraints getting addressed will help with ease in inflation in India, the research house Emkay said. Lead Economist at Emkay Global Financial Services Madhavi Arora led a media roundtable around the outlook for the Indian economy, the next steps of the RBI, the impact of the <keyword id="117388" type="General" weightage="50" keywordseo="us-fed" source="Orion">US Fed</keyword> hiking key interest rates, the Indian rupee, and the inflation trajectory in India. "Retail inflation is likely to ease well below the 6 per cent aim of the central bank. The CPI inflation will likely slip below the 5 per cent level later this year and average 5.2 per cent for CY23," it said. In India, headline consumer price index-based (CPI) inflation (or retail inflation) has gradually declined from its peak of 7.8 per cent in April 2022 to 5.7 per cent in March 2023. Assuming an annual average crude oil price (Indian basket) of USD 85 per barrel and a normal monsoon, CPI (or retail) inflation is projected to moderate to 5.2 per cent for 2023-24 in India as estimated by RBI in its April monetary policy meeting; with Q1 at 5.1 per cent; Q2 at 5.4 per cent; Q3 at 5.4 per cent; and Q4 at 5.2 per cent. Under the flexible inflation targeting framework introduced in 2016, the RBI is deemed to have failed in managing price rise if the CPI-based inflation is outside the 2-6 per cent range for three quarters in a row. India's retail inflation was above RBI's 6 per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022. On US <keyword id="45672" type="General" weightage="50" keywordseo="fed" source="Orion">Fed</keyword>'s possible stance, the research house Emkay said the US central bank is expected to remain "static" in the coming months and cutting rates by early next year. It also believes the US will face a "moderate recession" with a hard landing. Emkay Global believes the fear that "speed can kill" has led to a dovish turn from a number of central banks in both developed and emerging markets. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/indigo-airlines-stock-to-surge-further-as-go-firsts-troubles-mount/articleshow/100009541.cms">The skies are clearer for IndiGo stock to surge further as Go First’s troubles mount</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/ecommerce/news/amazon-great-summer-sale-2023-best-deals-on-monitors-and-computer-accessories/articleshow/100010580.cms">Amazon Great Summer Sale 2023 – best deals on monitors and computer accessories</a>

Retail inflation in India expected to average at 5.2% in 2023: Emkay

<ul><li>The overall <keyword id="6785608" type="UNKNOWN" weightage="20" keywordseo="vehicle-registration">vehicle registration</keyword> declined by 42% in June, in comparison to the same period last year. </li><li>The Tractor registration saw a growth of 10.86% supported by the healthy Rabi crop procurement and timely arrival of monsoons.</li><li>The personal vehicle and the two-wheeler segment were also among the least affected due to the unavailability of public vehicles and increased consciousness towards health and hygiene. </li></ul>Registration of vehicles across India fell 42% in June year-on-year as the COVID-19 led slowdown continues to hurt the sector, the Federation of Automobile Dealers Associations (FADA) said. While June registrations numbers are a lot better than May digits, it is still not Indicative of the actual demand situation as lockdown woes continue in some parts of the country and supply side is far from its complete potential, FADA added. Faster recovery in tractor and personal vehicle segment On a Year-on-Year basis, all vehicle categories registered unprecedented de-growth except the tractor registration, which saw a growth of 10.86% supported by the healthy Rabi crop procurement and timely arrival of monsoons. The personal vehicle segment and the two-wheeler segment were also amongst the least affected due to the unavailability of public vehicles and increased consciousness towards health and hygiene. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">CATEGORY </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JUNE'20 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JUNE'19 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">YoY % </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Two-wheeler </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7,90,118 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">13,37,462 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffc7ce;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-40.92% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Three-wheeler </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">11,993 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">48,804 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffc7ce;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-75.43% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Commercial Vehicle </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10,509 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">64,976 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffc7ce;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-83.83% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Personal Vehicle </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,26,417 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2,05,011 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffc7ce;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-38.34% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tractor </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">45,358 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">40,913 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#c6efce;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10.86% </td></tr><tr><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Total </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">9,84,395 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffffff;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">16,97,166 </td><td style="border-left:solid #000000 0.9960975000000001pt;border-right:solid #000000 0.9960975000000001pt;border-bottom:solid #000000 0.9960975000000001pt;border-top:solid #000000 0.9960975000000001pt;vertical-align:bottom;background-color:#ffc7ce;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-42.00% </td></tr></tbody></table>Source: FADA Future outlook Assuming that there will be no further prolonged lockdowns, FADA projected that in the coming months, the vehicle registrations number will see speedy recovery, with further green shoots of demand in newer geographies and segments. However, normalcy in demand is unlikely before the festive sea. Despite the positive trends in the rural markets, the annual outlook currently continues to be grim with projected sales expected to decline around 15-35% across various segments in FY21, except for the Tractor segment, which looks set to clock a positive annual growth, FADA said. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/bajaj-auto-share-price-first-quarter-earnings-and-target-price/articleshow/77078427.cms" data-type="tilCustomLink">Bajaj Auto shareholders will look for cost controls and CEO confidence as sales remain a lost cause due to the lockdown</a> <a href="https://www.businessinsider.in/india/news/indigo-to-lay-off-over-2000-employees-ceo-says-it-is-impossible-for-the-company-to-fly-without-some-sacrifices/articleshow/77068465.cms" data-type="tilCustomLink">IndiGo to lay off over 2000 employees, CEO says it is impossible for the company to fly without some sacrifices</a>

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