Hero MotoCorp Ltd Q3FY25; 88% rise in Profits

Hero MotoCorp Ltd Q3FY25; 88% 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 ₹821.00 Crores down from ₹9,788.00 Crore year on year, a fall of 35.7%.

Total Expenses for Q3FY25 of ₹651.00 Crores up from ₹516.00 Crores year on year, a rise of 26.16%.

Consolidated Net Profit of ₹128.00 Crores up 88.24% from ₹68.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.55, up 89.02% from ₹0.82 in the same quarter of the previous year.

Tags: Motorcycle
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