Hero Motocorp has reported results for the fourth quarter and year ended March 31, 2019.
The company has reported a fall of 24.51% in its net profit at Rs 730.32 crore for the quarter ended March 31, 2019 as compared to Rs 967.40 crore for the same quarter in the previous year. Total income of the company decreased by 7.80% at Rs 8049.18 crore for quarter under review as compared to Rs 8730.54 crore for the quarter ended March 31, 2018.
For the year ended March 31, 2019, the company has posted a fall of 8.45% in its net profit at Rs 3384.87 crore as compared to Rs 3697.36 crore for the previous year. However, total income of company increased marginally by 2.83% at Rs 34,341.79 crore for year under review as compared to Rs 33,397.64 crore for year ended March 31, 2018.
