Hero MotoCorp reports 4% rise in Q1 net profit

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

26 Jul 2017 Evaluate

Hero MotoCorp has reported results for first quarter ended June 30, 2017.

The company has reported a rise of 3.50% in its net profit at Rs 914.04 crore for the quarter under review as compared to Rs 883.09 crore for the same quarter in the previous year. Total income of the company increased by 7.55% at Rs 8744.61 crore for Q1FY18 as compared Rs 8131.03 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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