Hero Motocorp reports 36% surge in Q1 consolidated net profit
31st Jul 2019

Hero Motocorp has reported results for first quarter ended June 30, 2019.

The company has reported 38.30% rise in its net profit at Rs 1257.34 crore for the quarter under review as compared to Rs 909.17 crore for the same quarter in the previous year. However, Total income of the company decreased by 7.58% at Rs 8249.10 crore for Q1FY20 as compared Rs 8925.55 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 35.90% in its net profit at Rs 1256.69 crore for the quarter under review as compared to Rs 924.74 crore for the same quarter in the previous year. However, Total income of the company decreased by 6.87% at Rs 8410.41 crore for Q1FY20 as compared Rs 9030.52 crore for the corresponding quarter previous year.