Besides, lower raw material costs facilitated an earnings before interest, taxes, depreciation, and amortization (Ebitda) margin expansion of around 130 basis points to 14.3%, despite the impact of electric vehicle (EV)-related spending. Effectively, it means absolute Ebitda growth, at 25.5%, is faster than revenue growth.
For Hero Moto, FY25 has begun on a strong note, setting stage for doubledigit revenue growth. In April, volume growth stood at almost 35%, bolstered by wedding season demand.
Factors expected to aid growth this year include strong domestic demand from urban and rural areas, as well as product launches and enhancements to its distribution network. The management is optimistic about a gradual recovery in rural mar-
kets, particularly in view of the normal monsoon forecast for FY25.
この記事は Mint Mumbai の May 10, 2024 版に掲載されています。
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この記事は Mint Mumbai の May 10, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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