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Hero MotoCorp registers 37% growth in Q3 net profit

12 Feb 2016 Evaluate

Hero MotoCorp has reported results for third quarter ended December 31, 2015.  

The company has reported 36.51% rise in its net profit at Rs 795.81 crore for the quarter ended December 31, 2015 as compared to Rs 582.98 crore for the same quarter in the previous year. Total income the company has increased by 6.43% to Rs 7378.95 crore for the quarter under review from Rs 6932.85 crore for the corresponding quarter of the previous year. 

Hero Motocorp, formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India. It sells products under the brand names such as Karizma ZMR, Splender, Xteme, Hunk, Impulse, Achiever, Ignitor, Glamour, Passion Pro, Maestro and Pleasure etc.

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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