The countrys largest two-wheeler maker reported an 85 per cent year-on-year rise in revenue from operations to Rs. 5,487 crore, which was also below estimate.
Hero MotoCorp Shares Surge Ahead Of Q4 Earnings Announcement Hero MotoCorp shares rose as much as 4.77 per cent to hit an intraday high of Rs 2,920 on the BSE ahead of its March quarter earnings
Updated: May 06, 2021 1:17 pm IST
In the previous quarter, Hero MotoCorp posted 23% increase in its profit after tax at Rs 1,029 crore.
Shares of the world s largest two-wheeler maker - Hero MotoCorp - rose as much as 4.77 per cent to hit an intraday high of Rs 2,920 on the BSE ahead of its March quarter earnings due later in the day. Trading volumes in Hero MotoCorp shares was higher than usual as 50,000 shares changed hands on the BSE compared with an average of 35,000 shares traded daily in the past two weeks, data from the BSE showed.
Hero MotoCorp Q3 profit rises 14% to Rs 1,029 crore
The company had reported a net profit of Rs 905.13 crore in the October-December period of the previous fiscal
PTI | February 5, 2021 | Updated 15:09 IST
The two-wheeler major s revenue from operations rose to Rs 9,827.05 crore during the period under review, as compared to Rs 7,074.86 crore in the third quarter of 2019-20, Hero MotoCorp said in a regulatory filing
The country s largest two-wheeler maker Hero MotoCorp has posted 13.7 per cent increase in its consolidated profit after tax at Rs 1,029.17 crore for the third quarter ended December 31, 2020. The company had reported a net profit of Rs 905.13 crore in the October-December period of the previous fiscal.
Updated Jan 21, 2021 | 22:01 IST
Pawan Munjal said that going forward Hero will have a range of high capacity engines to drive volumes and will be launching 10 different products every year. Representational Image
New Delhi: Hero is on a journey towards premiumisation and the company will look to increase its market share in premium bikes with the latest partnership with Harley said Pawan Munjal, Chairman & CEO, Hero Moto Corp in an interview to ET Now.
“Hero is in a great partnership with Harley going forward. We are moving towards premiumisation of our products. We will continue to add new products in our portfolio. This partnership is a big boost and a big help for Hero. Partnership with Harley will focus on distribution and licensing arrangement to develop, design and manufacture products for Harley” he added.