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Hero MotoCorp remains bullish regarding business growth in domestic, overseas markets
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Hero MotoCorp Scooters and Motorcycles to Get a Price Hike Effective from July
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Results: Hero MotoCorp Q4 net jumps 44% to Rs 885 crore
Gianni Mazzotta
Two-wheeler market leader Hero MotoCorp on Thursday reported a 44 per cent jump in consolidated net profit at Rs 885.28 crore for the fourth quarter ended March 31, riding on robust sales.
The company, which has re-appointed Pawan Munjal as its chairman and CEO for a term of five years with effect from October 1, 2021, subject to shareholders approval, had posted a consolidated net profit of Rs 613.81 crore in the same period a year ago.
Consolidated revenue from operations during the period under review stood at Rs 8,689.74 crore as against Rs 6,333.89 crore in the corresponding period a year ago, Hero MotoCorp said in a regulatory filing.
Hero MotoCorp joins hands with Gogoro, to establish battery swapping JV & develop EVs
Hero MotoCorp joins hands with Gogoro, to establish battery swapping JV & develop EVs
Hero MotoCorp and Taiwan s Gogoro will also collaborate on electric vehicle development to bring Hero-branded, Gogoro-powered products to the Indian market.
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Hero MotoCorp and Taiwan s Gogoro have entered into a strategic partnership.
Two-wheeler manufacturer Hero MotoCorp and battery swapping platform Gogoro have announced a strategic partnership that will see the two companies establishing a JV (joint venture) to introduce the Taiwanese firm s battery swapping network in India.
According to an official statement, Hero MotoCorp and Gogoro will also collaborate on electric vehicle development to bring Hero-branded, Gogoro-powered products to the Indian market.
Hero MotoCorp ties up with Taiwan s Gogoro with focus on electric mobility
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