Investors and analysts will closely monitor Hero MotoCorp s planned product launches for 2025, raw material price outlook, advertising spend trajectory, and rural vs urban demand outlook.
On the margin front, EBITDA rose by 2.5 percent or 250 basis points to 14 percent from 11.5 percent in the same period last year “aided by commodity costs, leap savings, premiumisation and judicious price changes”.
Hero Moto Q3 Results: Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 crore. The board has recommended an interim dividend of Rs 75 a share for the current financial year, and a special dividend of Rs 25 a share to mark the centennial year of Chairman Emeritus Brijmohan Lall Munjal.