Honda India Power Products reported results for second quarter ended September 30, 2022.
The company has reported over 2-fold jump in its net profit at Rs 42.42 crore for Q2FY23 as compared to Rs 15.90 crore for the corresponding quarter previous year. Total income of the company increased by 68.78% to Rs 399.63 crore for the quarter under review as compared to Rs 236.78 crore for the same quarter in the previous year.
Honda India Power Products is a public company domiciled and headquartered in India. The company is primarily engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters and tillers. The company caters to both domestic and international markets.