Hero MotoCorp, one of the world’s largest two-wheeler manufacturers, released its March quarter results on Tuesday, May 13, reporting a 6% year-on-year increase in consolidated net profit to ₹1,081 crore, beating Street estimates of ₹1,016 crore.
Revenue from operations during the quarter also exceeded expectations, coming in at ₹9,939 crore compared to analysts’ estimates of ₹9,705 crore. The company in March 2024 quarter reported a net profit of ₹1061 crore and a revenue of ₹9,519 crore.
