Hero MotoCorp reports 16% rise in Q4 consolidated net profit

08 May 2024 Evaluate

Hero MotoCorp has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 18.29% rise in its net profit at Rs 1,016.05 crore for the quarter under review as compared to Rs 858.93 crore for the same quarter in the previous year. Total income of the company increased by 13.53% at Rs 9,699.34 crore for Q4FY24 as compared Rs 8,543.70 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 16.36% rise in its net profit at Rs 943.46 crore for fourth quarter ended March 31, 2024 as compared to Rs 810.80 crore for the same quarter in the previous year. Total income of the company increased by 12.94% at Rs 9,794.01 crore for Q4FY24 as compared Rs 8,671.82 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 36.33% rise in net profit at Rs 3,967.96 crore as compared to Rs 2,910.58 crore for the previous year. Total income of the company increased by 11.57% at Rs 38,348.27 crore for year under review as compared to Rs 34,370.81 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 33.65% rise in its net profit at Rs 3,742.16 crore as compared to Rs 2,799.90 crore for the previous year. Total income of the company increased by 11.28% at Rs 38,643.16 crore for year under review as compared to Rs 34,727.39 crore for year ended March 31, 2023.


Hero MotoCorp Share Price

4324.05 -15.80 (-0.36%)
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