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This Article is From Jan 19, 2012

Hero MotoCorp Q3 net profit up 42.89% to Rs 613.03 crore

Total income of the company rose to Rs 6,107.73 crore for the third quarter ended December 31, 2011.

Hero MotoCorp Q3 net profit up 42.89% to Rs 613.03 crore
The street expects Reliance Industries to report a 10.8 per cent fall in the net profit at Rs 4,582 crore (Rs 5,136 in December 2010).
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New Delhi:

Hero MotoCorp, the country's largest two-wheeler maker, on Thursday said its net profit rose by 42.89 per cent to Rs 613.03 crore in the third quarter ended December 31, 2011, vis-a-vis the same period last financial year.

 

The company had posted a net profit of Rs 429 crore for the same period last financial year, Hero MotoCorp said in a filing to the Bombay Stock Exchange.

 

Total income of the company rose to Rs 6,107.73 crore for the third quarter ended December 31, 2011, from Rs 5,223.69 crore in the corresponding period of the previous financial year.

 

Shares of Hero MotoCorp were quoted at Rs 1,900.75 on BSE at the end of Thursday's trade, up 2.35 per cent from their previous close.

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