{"id":152778,"date":"2023-08-11T04:06:29","date_gmt":"2023-08-11T08:06:29","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152778"},"modified":"2023-08-11T04:06:31","modified_gmt":"2023-08-11T08:06:31","slug":"hero-motocorp-ltd-q1fy24-20-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hero-motocorp-ltd-q1fy24-20-rise-in-profits\/","title":{"rendered":"Hero MotoCorp Ltd Q1FY24; 20% rise in Profits"},"content":{"rendered":"<p>Hero Moto Corp earlier also known as \u201cHero Honda\u201d is one of India\u2019s first motorcycle manufacturers.<br \/>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.<br \/>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.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>Hero MotoCorp Ltd reported Revenues for Q1FY24 of \u20b98,851.00 Crores up from \u20b98,448.00 Crore year on year, a rise of 4.77%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b97,935.00 Crores up from \u20b97,714.00 Crores year on year, a rise of 2.86%.<\/li>\n<li>Consolidated Net Profit of \u20b9701.00 Crores up 19.62% from \u20b9586.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b935.53, up 20.24% from \u20b929.55 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-701-839x1024.png\" alt=\"\" class=\"wp-image-152779\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-701-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-701-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-701-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-701-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-701.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Hero Moto Corp earlier also known as \u201cHero Honda\u201d is one of India\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[11771],"class_list":["post-152778","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-two-wheeler-2"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166200,"url":"https:\/\/alphastreet.com\/india\/hero-motocorp-ltd-q2fy25-6-rise-in-profits\/","url_meta":{"origin":152778,"position":0},"title":"Hero MotoCorp Ltd Q2FY25; 6% rise in Profits","author":"Divyansh_Kasana","date":"January 3, 2025","format":false,"excerpt":"Hero Moto Corp earlier also known as \u201cHero Honda\u201d is one of India\u2019s 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/F.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/F.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/F.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/F.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/F.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/01\/F.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":167893,"url":"https:\/\/alphastreet.com\/india\/hero-motocorp-ltd-q3fy25-2-rise-in-profits\/","url_meta":{"origin":152778,"position":1},"title":"Hero MotoCorp Ltd Q3FY25; 2% rise in Profits","author":"Divyansh_Kasana","date":"April 14, 2025","format":false,"excerpt":"Hero Moto Corp earlier also known as \u201cHero Honda\u201d is one of India\u2019s 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\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/O-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/O-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/O-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/O-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/O-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/04\/O-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156264,"url":"https:\/\/alphastreet.com\/india\/hero-motocorp-ltd-q2fy24-48-rise-in-profits\/","url_meta":{"origin":152778,"position":2},"title":"Hero MotoCorp Ltd Q2FY24; 48% rise in Profits","author":"Hardik Bhandare","date":"November 15, 2023","format":false,"excerpt":"Hero Moto Corp earlier also known as \u201cHero Honda\u201d is one of India\u2019s first motorcycle manufacturers.The company started in 1984 as a Technological collaboration with Honda, Japan. 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