Results: Hero MotoCorp Q4 net jumps 44% to Rs 885 crore : vi

Results: Hero MotoCorp Q4 net jumps 44% to Rs 885 crore


Results: Hero MotoCorp Q4 net jumps 44% to Rs 885 crore
Gianni Mazzotta
Two-wheeler market leader Hero MotoCorp on Thursday reported a 44 per cent jump in consolidated net profit at Rs 885.28 crore for the fourth quarter ended March 31, riding on robust sales.
The company, which has re-appointed Pawan Munjal as its chairman and CEO for a term of five years with effect from October 1, 2021, subject to shareholders' approval, had posted a consolidated net profit of Rs 613.81 crore in the same period a year ago.
Consolidated revenue from operations during the period under review stood at Rs 8,689.74 crore as against Rs 6,333.89 crore in the corresponding period a year ago, Hero MotoCorp said in a regulatory filing.

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