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Hero MotoCorp profit rises 12%
February 07, 2025
|Financial Express Delhi
HERO MOTOCORP ON Thursday reported a 12% year-on-year increase in net profit for the October-December quarter, at ₹1,203 crore, surpassing Bloomberg's consensus estimate of ₹1,162 crore.
This growth was primarily driven by strong festive-season sales and an impressive performance in both electric vehicles (EV) and global markets.
The two-wheeler major's revenue rose 5% to ₹10,211 crore. The company's Ebitda increased by 8.4% to ₹1,476 crore, while operating margins improved by 50 basis points to 14.5%.
هذه القصة من طبعة February 07, 2025 من Financial Express Delhi.
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