Hero motors q2 profit rises to ₹102 million.

(HEROMOTORS) reported consolidated Q2 net profit of ₹102 million, up from ₹47 million year-on-year. Revenue stood at ₹3.19 billion versus ₹2.56 billion a year ago. EBITDA rose to ₹359 million from ₹187 million. EBITDA margin improved to 11.26 percent from 7.32 percent. The results show higher sales and better operating performance for the quarter. The key numbers are Q2 profit of ₹102 million, revenue of ₹3.19 billion and EBITDA margin of 11.26 percent. This reflects growth for the auto components maker. Peers such as Bharat Forge, Endurance Technologies and Motherson may face comparison on margin trends. Near-term prices could react to the results. Risks include higher input costs or slower OEM demand. Competitors listed: Bharat Forge, Endurance Technologies, Motherson. We have no financial interest in this news.