Hero MotoCorp reports 28% jump in Q2 net profit

Hero MotoCorp Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 500182 | NSE: HEROMOTOCO

27 Oct 2016 Evaluate

Hero MotoCorp has reported results for second quarter ended September 30, 2016.

The company has reported 27.74% rise in its net profit at Rs 1004.22 crore for the quarter under review as compared to Rs 786.12 crore for the same quarter in the previous year. Total income of the company increased by 15.33% at Rs 8601.10 crore for Q2FY17 as compared Rs 7457.99 crore for the corresponding quarter 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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