Two-wheeler major Hero MotoCorp reported a 14% jump in its December quarter consolidated net profit at Rs ...More

Two-wheeler major Hero MotoCorp reported a 14% jump in its December quarter consolidated net profit at Rs 1,268 crore compared to Rs 1,108 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the company. ...Less

Hero MotoCorp Q3 Results: The Q3FY25 revenue from operations stood at Rs 10,211 crore, a 5% increase from ...More

Hero MotoCorp Q3 Results: The Q3FY25 revenue from operations stood at Rs 10,211 crore, a 5% increase from Rs 9,723 crore in the same quarter last year, surpassing the ET Now Poll estimate of Rs 10,152 crore. The company declared an interim dividend of Rs 100 per share for FY25, with February 12, 2025, set as the record date for determining shareholder entitlement. ...Less

Niranjan Gupta, Chief Financial Officer (CFO), Hero MotoCorp, said “We have started recovering our market ...More

Niranjan Gupta, Chief Financial Officer (CFO), Hero MotoCorp, said “We have started recovering our market shares and expect this journey to continue backed by exciting launches lined up over next few quarters, especially in the premium segment. This, coupled with our renewed focus on savings programme should also help in improving our margin profile going forward ...Less

Hero MotoCorp Q2 Results: India's largest two-wheeler maker Hero MotoCorp reported 16% year-on-year (YoY) ...More

Hero MotoCorp Q2 Results: India's largest two-wheeler maker Hero MotoCorp reported 16% year-on-year (YoY) growth in its standalone net profit at Rs 1,393 crore. Revenue from operations too increased 16% YoY to Rs 12,126 crore. ...Less

Pricing and product mix are expected to offer incremental support. HSBC notes that discounts were flat se ...More

Pricing and product mix are expected to offer incremental support. HSBC notes that discounts were flat sequentially, while the company took a price hike of about 50 basis points during the quarter. Kotak expects average selling prices to rise 2–2.5% YoY, helped by a richer mix, including a higher share of exports and scooters. ...Less

Investors and analysts will closely monitor Hero MotoCorp's planned product launches for 2025, raw materi ...More

Investors and analysts will closely monitor Hero MotoCorp's planned product launches for 2025, raw material price outlook, advertising spend trajectory, and rural vs urban demand outlook. ...Less

Hero MotoCorp on Friday reported a 51% year-on-year (YoY) growth in net profit for the quarter ended Dece ...More

Hero MotoCorp on Friday reported a 51% year-on-year (YoY) growth in net profit for the quarter ended December to Rs 1,073.40 crore, which was largely on expected lines. Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 crore. ...Less

Hero MotoCorp expects a slight rise in profit and revenues for Q3 despite stagnant volumes, primarily due ...More

Hero MotoCorp expects a slight rise in profit and revenues for Q3 despite stagnant volumes, primarily due to improved product mix and higher average selling prices. Revenue is projected to increase by 3% YoY, while PAT is expected to rise 2% YoY. EBITDA margins are anticipated to improve YoY but decline QoQ due to lower volumes and festive season discounts. ...Less

On the electric vehicle front, Hero MotoCorp is establishing ‘Vida’ as a premium and aspirational brand. ...More

On the electric vehicle front, Hero MotoCorp is establishing ‘Vida’ as a premium and aspirational brand. “We are planning to roll this out across multiple cities in FY24. Our R&D teams are working on accelerated portfolio expansion as well in the EV space,” Gupta said ...Less

Shares of the country's largest two-wheeler maker went up by 3.05 per cent to Rs 2,877.10 on the BSE. In ...More

Shares of the country's largest two-wheeler maker went up by 3.05 per cent to Rs 2,877.10 on the BSE. In intra-day, it gained 4.19 per cent to Rs 2,909. ...Less