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Hero MotoCorp reports marginal fall in Q3 net profit

09 Feb 2017 Evaluate

Hero MotoCorp has reported results for third quarter ended December 31, 2016.  

The company has reported 2.56% fall in its net profit at Rs 772.05 crore for the quarter ended December 31, 2016, as compared to Rs 792.30 crore for the same quarter in the previous year. Total income of the company decreased by 10.98% at Rs 7030.57 crore for the quarter under review as compared Rs 7897.97 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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