HERO MOTORCOP
HEROMOTOCO one of the world's largest two-wheeler manufacturers, released its March quarter results on Tuesday, May 13, reporting a 6.4% year-on-year increase in consolidated net profit to ₹1,081 crore, beating Street estimates of ₹1,016 crore.
Revenue from operations during the reporting quarter exceeded expectations, coming in at ₹9,939 crore compared to analysts’ estimates of ₹9,705 crore. In the March 2024 quarter, the company had reported a net profit of ₹1,016 crore and revenue of ₹9,519 crore.
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