- Hero MotoCorp Q1 Results: Net profit rises 32% YoY to Rs 825 crore but misses estimates
Kotak Institutional Equities had expected net profit to grow 40.3% to Rs 875.90 crore and revenues to inc ...More
Kotak Institutional Equities had expected net profit to grow 40.3% to Rs 875.90 crore and revenues to increase 7% led by a 10% increase in average selling price (ASP) due to price increases and a richer product mix. ...Less
- Hero MotoCorp Q1 Results: Profit flat at Rs 1,126 crore, revenue falls 6%
Hero MotoCorp's Q1 standalone net profit remained relatively stable at Rs 1,126 crore, with revenues expe ...More
Hero MotoCorp's Q1 standalone net profit remained relatively stable at Rs 1,126 crore, with revenues experiencing a 6% YoY decrease to Rs 9,579 crore. The company saw strong demand for its entry-level and deluxe motorcycles, along with its 125cc scooter segment, while its electric mobility business under the VIDA brand gained traction. ...Less
- Hero MotoCorp shares rise 2% after Q1 profit beats estimates despite weak sales
Hero MotoCorp shares: The company reported a net profit of ₹1,125.7 crore for the June quarter, slightly ...More
Hero MotoCorp shares: The company reported a net profit of ₹1,125.7 crore for the June quarter, slightly above last year’s ₹1,122.6 crore and beating market estimates despite lower sales. Revenue fell 5.6% YoY to ₹9,578.9 crore, and unit sales dropped 10.9% to 13.67 lakh. EBITDA was ₹1,382 crore, with a stable margin of 14.4%. ...Less
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Hero Motocorp Q1 Earnings
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