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Hero MotoCorp’s Q1 consolidated net profit rises 47% to Rs 1,032 crore

14 Aug 2024 Evaluate

Hero MotoCorp has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 36.12% rise in net profit at Rs 1122.63 crore for Q1FY25 as compared to Rs 824.72 crore for the same quarter in the previous year. Total income of the company increased by 15.42% at Rs 10,375.44 crore for Q1FY25 as compared to Rs 8,989.44 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 47.34% rise in its net profit at Rs 1,032.21 crore for the quarter ended June 30, 2024 as compared to Rs 700.54 crore for the same quarter in the previous year. Total income of the company increased by 14.97% at Rs 10,435.60 crore for Q1FY25 as compared to Rs 9,076.55 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bajaj Auto 11115.00
TVS Motor Company 4143.75
Hero MotoCorp 5335.00
Eicher Motors 7268.00
OLA Electric Mobilit 38.70
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