Get App
Download App Scanner
Scan to Download
Advertisement

Hero Motors Q2 Results: Net Profit Surges 65%, Margin Expands

The company posted a consolidated bottom-line of Rs 18.2 crore, compared to 11 crore in the year-ago period.

Hero Motors Q2 Results: Net Profit Surges 65%, Margin Expands
Hero Motors Q2 results
Image source: NDTV Profit

Auto component-maker Hero Motors Ltd. registered a 65% year-on-year  jump in its net profit for the second quarter of fiscal year 2027, according to an exchange filing on BSE. 

The company posted a consolidated bottom-line of Rs 18.2 crore, compared to 11 crore in the year-ago period. Revenue from operations rose over 21% to Rs 365 crore compared Rs 301 crore. 

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

Earnings before interest, taxes, depreciation and amortisation grew 30.3% to Rs 42.2 crore from Rs 32.4 crore in the corresponding quarter of the last fiscal, while Ebitda margin expanded to 11.6% from 10.8% in the year-ago period.

Hero Motors (Q2, Consolidated YoY)

  • Net profit up 65.1% to Rs 18.2 crore versus Rs 11 crore.
  • Revenue up 21.3% to Rs 365 crore versus Rs 301 crore.
  • Ebitda up 30.3% to Rs 42.2 crore versus Rs 32.4 crore.
  • Margin at 11.6% versus 10.8%.

 

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Listen to the latest songs, only on JioSaavn.com