Hero MotoCorp Q1 net surges to ₹256.46 crore
The Hindu
Hero MotoCorp, the country’s largest two-wheeler maker, on Thursday posted a consolidated net profit of ₹256.46 crore in the first quarter of FY22.The company had registered a net profit of ₹57.78 cro
Hero MotoCorp, the country’s largest two-wheeler maker, on Thursday posted a consolidated net profit of ₹256.46 crore in the first quarter of FY22. The company had registered a net profit of ₹57.78 crore in the year-earlier quarter. Total income also increased to ₹5,648.20 crore compared with ₹3,119.22 crore. Hero MotoCorp said it sold 10.25 lakh units of motorcycles and scooters during the quarter despite COVID-19-related disruptions. The company had in April 2021 temporarily paused its operations at its manufacturing facilities due to the second wave of COVID-19 pandemic, and resumed production in a staggered manner from May 17, 2021.
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