Hero MotoCorp has reported results for first quarter ended June 30, 2022.
The company has reported a rise of 70.90% in its net profit at Rs 624.52 crore for the quarter under review as compared to Rs 365.44 crore for the same quarter in the previous year. Total income of the company increased by 50.13% at Rs 8,445.53 crore for Q1FY23 as compared Rs 5,625.66 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 585.58 crore for the quarter under review as compared to Rs 256.46 crore for the same quarter in the previous year. Total income of the company increased by 50.54% at Rs 8,503.07 crore for Q1FY23 as compared Rs 5,648.20 crore for the corresponding quarter previous year.
