Thursday, July 19, 2012

Hero MotoCorp net profit for the quarter ended in June 10% at Rs 615 crore, Latest Stock Price


Hero MotoCorp net profit for the quarter ended in June 10% at Rs 615 crore, Latest Stock Price


Two-wheeler maker Hero MotoCorp on Thursday reported an increase of 10.3 per cent in its net profit at Rs 615.5 crore for the first quarter ended June, riding on the highest-ever quarterly sales volumes.

Its sales stood at 1,642,292 units, Hero MotoCorp said in a statement.

The company had posted a net profit of Rs 557.9 crore in the year-ago period.
Revenue from net sales stood at Rs 6,207.8 crore, against Rs 5,637.7 crore in the year-ago period, it said.

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