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Hero MotoCorp reports 35% rise in Q4 net profit

02 May 2018 Evaluate

Hero MotoCorp has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 34.78% in its net profit at Rs 967.40 crore for the quarter ended March 31, 2018, as compared to Rs 717.75 crore for the same quarter in the previous year. Total income of the company increased by 14.67% at Rs 8,730.54 crore for the quarter under review as compared Rs 7,613.91 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 9.48% in its net profit at Rs 3,697.36 crore as compared to Rs 3,377.12 crore for the same period in the previous year. Total income of the company increased by 6.38% at Rs 33,397.64 crore for year under review as compared to Rs 31,394.02 crore for the period ended March 31, 2017.


Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
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OLA Electric Mobilit 37.87
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