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Hero Beats Profit View on Motorcycle Sales
Mint Hyderabad
|February 07, 2024
Hero's scooter and motorcycle sales grew 0.3% in the quarter—the weakest growth since July-September 2022 period
Hero MotoCorp, India's top motorcycle maker by volumes, reported a bigger-than-expected rise in third-quarter profit on Thursday, helped by higher sales of its mid-level models such as the 'Xtreme 125R'.
The firm's profit increased 12% to ₹1,203 crore in the three months to 31 December, topping analysts' average estimate of ₹1,125 crore, according to data compiled by the London Stock Exchange Group.
Denne historien er fra February 07, 2024-utgaven av Mint Hyderabad.
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FLERE HISTORIER FRA Mint Hyderabad
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