Hero MotoCorp has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 32.06% rise in its net profit at Rs 824.72 crore for the quarter under review as compared to Rs 624.52 crore for the same quarter in the previous year. Total income of the company increased by 6.44% at Rs 8,989.44 crore for Q1FY24 as compared Rs 8,445.53 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 19.63% rise in its net profit at Rs 700.54 crore for the first quarter ended June 30, 2023 as compared to Rs 585.58 crore for the same quarter in the previous year. Total income of the company increased by 6.74% at Rs 9,076.55 crore for Q1FY24 as compared Rs 8,503.07 crore for the corresponding quarter previous year.
