New Delhi, Aug. 6 -- Hero MotoCorp, one of the world's largest two-wheeler manufacturers, announced its June-quarter results today, post-market hours, reporting a standalone net profit of Rs.1,126 crore, nearly flat compared to Rs.1,123 crore in the year-ago quarter but surpassing analysts' estimates of Rs.1,036 crore, helped by higher exports.
However, revenue from operations missed expectations, coming in at Rs.9,579 crore, a 5.5% decline from Rs.10,143 crore reported in the June 2024 quarter.
(more to come)
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