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Hero MotoCorp reports 18% jump in Q1 net profit

08 Aug 2016 Evaluate

Hero MotoCorp has reported results for first quarter ended June 30, 2016.

The company has reported 18.13% rise in its net profit after tax at Rs 883.10 crore for the quarter ended June 30, 2016 as compared to Rs 747.54 crore for the same quarter in the previous year. The company’s total income increased by 7.84% to Rs 8131.04 crore for the quarter under review from Rs 7539.86 crore for the corresponding quarter of the previous year.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The Company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.

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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