Hero MotoCorp reports 5% fall in Q3 net profit

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

01 Feb 2019 Evaluate

Hero MotoCorp has reported results for third quarter ended December 31, 2018.

The company has reported a fall of 4.51% in its net profit at Rs 769.10 crore for the quarter under review as compared to Rs 805.43 crore for the same quarter in the previous year. However, total income of the company increased by 8.46% at Rs 8,052.46 crore for Q3FY19 as compared Rs 7,424.23 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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