Hero MotoCorp Ltd Q3FY25; 2% rise in Profits

Hero Moto Corp earlier also known as “Hero Honda” is one of India’s first motorcycle manufacturers.
The company started in 1984 as a Technological collaboration with Honda, Japan. Before this collaboration, Hero was selling Cycles under the brand name, Hero Cycles.
In 2011, Honda group sold its 26% stake in the company to the Munjals (promoters) and ended the JV. Post the termination of JV, the name of the company was changed to Hero Motocorp.

Financial Results:

Hero MotoCorp Ltd reported Revenues for Q3FY25 of ₹10,260.00 Crores up from ₹9,788.00 Crore year on year, a rise of 4.82%.

Total Expenses for Q3FY25 of ₹9,070.00 Crores up from ₹8,620.00 Crores year on year, a rise of 5.22%.

Consolidated Net Profit of ₹1,108.00 Crores up 1.56% from ₹1,091.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹55.38, up 1.24% from ₹54.70 in the same quarter of the previous year.