Hero Motocorp has reported results for third quarter ended December 31, 2019.
The company has reported a rise of 14.47% in its net profit at Rs 880.41 crore for the quarter under review as compared to Rs 769.10 crore for the same quarter in the previous year. However, total income of the company decreased by 10.85% at Rs 7178.94 crore for Q3FY20 as compared Rs 8,052.46 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 16.32% in its net profit attributed to the equity holders at Rs 901.81 crore for the quarter under review as compared to Rs 775.26 crore for the same quarter in the previous year. However, total income of the company decreased by 10.69% at Rs 7,259.39 crore for Q3FY20 as compared Rs 8,128.16 crore for the corresponding quarter previous year.
