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Hero MotoCorp reports marginal rise in Q2 net profit

21 Oct 2015 Evaluate

Hero MotoCorp has reported results for second quarter ended September 30, 2015.

The company has reported 1.14% rise in its net profit at Rs 772.06 crore for the quarter ended September 30, 2015 as compared to Rs 763.37 crore for the same quarter in the previous year. However, the company’s total income has decreased by 2.38% to Rs 6939.68 crore for the quarter under review from Rs 7108.85 crore for the corresponding quarter of the previous year.

Hero MotoCorp is the world’s single largest two-wheeler motorcycle company. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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