Hero MotoCorp shares in focus after Q2 PAT, revenue see double-digit growth
Hero MotoCorp will be in focus today after the company reported 14% growth in its standalone net profit at Rs 1204 crore in the second quarter.
Revenue from operations in the reporting period rose 11% YoY to Rs 10463 crore.
The company reported an EBITDA of Rs 1516 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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