Hero MotoCorp, one of the world’s largest two-wheeler manufacturers, announced its June-quarter results today, post-market hours, reporting a standalone net profit of ₹1,126 crore, nearly flat compared to ₹1,123 crore in the year-ago quarter but surpassing analysts’ estimates of ₹1,036 crore, helped by higher exports.
However, revenue from operations missed expectations, coming in at ₹9,579 crore, a 5.5% decline from ₹10,143 crore reported in the June 2024 quarter.
