Hero MotoCorp has reported results for the first quarter ended June 30, 2020.
The company has reported a fall of 95.12% in its net profit at Rs 61.31 crore for the quarter under review as compared to Rs 1,257.34 crore for the same quarter in the previous year. Total income of the company decreased by 62.18% at Rs 3,120 crore for Q1FY21 as compared Rs 8,249.10 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 95.28% in its net profit attributed to owner at Rs 59.14 crore for the quarter under review as compared to Rs 1,252.22 crore for the same quarter in the previous year. Total income of the company decreased by 62.91% at Rs 3,119.22 crore for Q1FY21 as compared Rs 8,410.41 crore for the corresponding quarter previous year.
