Hero MotoCorp Q2 Results: Standalone profit rises 14% YoY to Rs 1,204 crore, revenue up 11%
Hero MotoCorp on Thursday reported 14% growth in its standalone net profit at Rs 1,204 crore in the second quarter. It was Rs 1054 crore in the year-ago quarter.
Revenue from operations in the reporting period rose 11% YoY to Rs 10,463 crore.
The company reported an EBITDA of Rs 1,516 crore in the reporting period, which was up about 14% YoY. Margins for the same period improved 40 bps to 14.5%.
The company also reported its highest-ever quarterly revenue from part, accessories, and merchandising at Rs 1456 crore.
«We have continued our exceptional performance in Q2 FY’25, once again creating a new high in both topline and bottomline. Our strong focus on cash management has resulted in us delivering strong cash flow, strengthening our financial position even further,» said Niranjan Gupta, CEO, Hero MotoCorp.
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