Hero MotoCorp has announced its financial results for the first quarter of the fiscal year 2025. Here are the key points:
Financial Performance:
Net Profit: Increased by 36% to Rs 1,122.63 crore compared to the previous year’s Rs 824.72 crore.
Revenue: Surged by 16% to Rs 10,144 crore, surpassing the Rs 10,000 crore mark for the first time.
EBITDA: Grew by 21% to Rs 1,460 crore.
Operating Margin: Expanded by 60 basis points to 14.4%.
The company’s revenue from operations for the quarter was ₹10,144 crore, marking a 16% increase from ₹8,767 crore in the previous year, and surpassing the ₹10,000 crore mark for the first time. However, this was below the anticipated figures from a Moneycontrol poll, which estimated the net profit at ₹1,190 crore and revenue at ₹10,520 crore.
