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Hero MotoCorp reports marginal fall in Q1 net profit

26 Jul 2018 Evaluate

Hero MotoCorp has reported results for first quarter ended June 30, 2018.

The company has reported marginal fall of 0.53% in its net profit at Rs 909.17 crore for the quarter under review as compared to Rs 914.04 crore for the same quarter in the previous year. However, total income of the company increased marginally by 1.97% at Rs 8925.55 crore for Q1FY19 as compared Rs 8753.53 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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