08-05-2024 02:57 PM | Source: Reuters
India's Hero MotoCorp beats Q4 profit estimates
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Hero MotoCorp, India's largest motorcycle maker by market share, reported a bigger-than-expected rise in fourth-quarter profit on Wednesday, aided by sales of its bikes such as Splendor and Passion.
The company's standalone profit rose 18.3% year-on-year to 10.16 billion rupees ($121.7 million) in the three months ended March 31.
Analysts, on average, had expected a profit of 10.06 billion rupees, per LSEG data.
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
India inflation to rise further to 5.81% on rising f...
Rupee weakens to record low, logs worst week in five...
Reduce NCC Ltd For Target Rs. 310 By Centrum Broking...
India`s Welspun posts steep Q2 profit drop on low do...
Palm Oil Sees Strongest Weekly Gains Since June 2022...
Add Page Industries Ltd For Target Rs. 46,991 By Ce...
Reduce Schaeffler India Ltd For Target Rs. 3,866 By ...
FIIs stood as net sellers in equities as per Novembe...
Commodity Research Evening Track by Kotak Securities
