Hero Motocorp has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 27.51% in its net profit at Rs 627.05 crore for the quarter under review as compared to Rs 864.97 crore for the same quarter in the previous year. Total income of the company decreased by 13.81% at Rs 7561.49 crore for Q4FY22 as compared Rs 8773.35 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 29.90% in its net profit at Rs 620.56 crore for the quarter under review as compared to Rs 885.28 crore for the same quarter in the previous year. Total income of the company decreased by 12.90% at Rs 7627.99 crore for Q4FY22 as compared Rs 8758.01 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 17% fall in its net profit at Rs 2473.02 crore as compared to Rs 2964.20 crore for the previous year. Total income of the company decreased by 5.03% at Rs 29802.38 crore for year under review as compared to Rs 31380.47 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 20.67% fall in its net profit at Rs 2329.05 crore as compared to Rs 2936.05 crore for the previous year. Total income of the company decreased by 4.47% at Rs 30106.29 crore for year under review as compared to Rs 31517.09 crore for year ended March 31, 2021.
