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India Business News: Two-wheeler market leader Hero MotoCorp on Saturday said it will resume production at all its manufacturing plants in India from coming Monday after t ....
0 Comments Hero MotoCorp has reported its highest-ever revenue for a quarter with its revenue from operations for Q3 FY2021 at Rs 9,776 crore, up 39.7 percent year on year (Q3 FY2020: Rs 6,997 crore). Hero MotoCorp revenue up by 39.7 percent year on year in Q3 FY2021 The company sold a total of 18.45 lakh units in the same period Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter were Rs 1,414 crore (Q3 FY2020: Rs 1,039 crore) reflecting 14.5 percent EBITDA margin and a growth of 36.1 percent year on year. While Profit Before Tax (PBT) at Rs 1,442 crore was up 42.5 percent (Q3 FY2020: Rs 1,012 crore), Profit After Tax (PAT) at Rs 1,084 crore clocked YoY growth of 23.2 percent (Q3 FY2020: Rs 880 crore). ....
Re: Hero MotoCorp rolls out the 100 Millionth two-wheeler! That s 10 crore sales up Kudos to Hero for this wonderful achievement. It certainly isnt easy to achieve this level of sales success in India and they certainly are doing something right for the sales registers to keep ringing. But, there is another side to Hero motorcycles. Just yesterday, there were discussions on a few whatsapp groups ( not related to each other), where owners of the Hero Xpulse were complaining about so many things. This is just a snapshot of what was being discussed - The ABS units on the BS4 Xpulses were infamously problematic and were replaced under warranty. ....