Hero MotoCorp shares will be in focus on Friday after the company reported a 12% year-on-year rise in standalone net profit for the December quarter, reaching Rs 1,203 crore against Rs 1,073 crore a year ago. The figure surpassed Street estimates of Rs 1,122 crore.
Revenue from operations rose 5% to Rs 10,211 crore from Rs 9,723 crore in the same quarter last year, exceeding the ET Now Poll estimate of Rs 10,152 crore. The company said both revenue and profit for the first nine months of FY25 were the highest ever.
The earnings before interest, tax, depreciation & amortization (EBITDA) for Q3 FY2025 stands at Rs 1,476 crore, growth of 8%.
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The company's sales volume was reported at 14.64 lakh units of motorcycles and scooters versus 14.60 lakh units Q3 FY’24.
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