Friday, February 23, 2024

Hero MotoCorp Result: Hero MotoCorp’s net profit increased by 50%, total income was Rs. 10 thousand crores.

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Hero MotoCorp Q3FY24 Results: Hero MotoCorp, the country’s leading two-wheeler manufacturing company, has announced excellent quarterly results. During the third quarter ending December 31, the company has seen a jump of about 50 percent in its net profit. During this period, the total income of the company has also increased by more than 20 percent. Hero MotoCorp has said that there has been an all-round jump in its sales during the third quarter.

Great increase in total income and profits

Hero MotoCorp earned a net profit of Rs 1,093 crore during October to December 2023, while the company’s net profit in the same period last year was Rs 726 crore. Accordingly, there has been an increase of more than 50 percent in the net profit of the company on an annual basis. Hero MotoCorp’s total income during the quarter ending December 31, 2023 stood at Rs 10,031 crore, compared to Rs 8,300 crore in the same period last year. Accordingly, the total income of the company has increased by 20.85 percent on an annual basis.

(This news is being updated)

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