Hero MotoCorp PAT rises 2% to Rs 1,108 crore in December quarter

Hero MotoCorp connected Thursday said its consolidated nett aft taxation accrued 2 per cent to Rs 1,108 crore successful the December quarter, aided by higher sales.

The two-wheeler large reported a nett aft taxation (PAT) of Rs 1,091 crore successful the October-December 4th of past fiscal.

Revenue from operations roseate to Rs 10,260 crore successful the 3rd 4th against Rs 9,788 crore successful the year-ago period, the institution said successful a regulatory filing.

The institution said its income measurement stood astatine 14.64 lakh units successful the 3rd 4th compared to 14.60 lakh units successful the December 4th of past fiscal.

The country's largest two-wheeler shaper said its committee declared an interim dividend of Rs 100 per stock (5,000 per cent).

"The show successful this 4th and fiscal year, reflects the palmy execution of our strategical priorities," Hero MotoCorp CFO Vivek Anand said.

Demonstrating beardown year-to-date results successful some top-line and bottom-line growth, the institution has achieved the highest-ever nine-month gross and profits, helium added.

"As we determination into the adjacent fiscal...The products launched astatine Bharat Mobility volition further fortify our beingness successful the premium and scooter segments," Anand said.

The Union Budget 2025's accent connected taxation alleviation for the mediate class, on with continued concern successful infrastructure and enactment for the cultivation sector, is expected to boost user assurance and thrust request maturation successful the car industry, helium added.

The institution said it gained marketplace stock successful the 100cc conception done Splendor and successful the 125cc conception done Xtreme 125R and Super Splendor.

It besides reported the highest-ever quarterly retail sales, led by the highest-ever festive performance.

The institution said its maturation was besides led by robust show successful some the EV and planetary businesses.

"VIDA reported highest-ever monthly retails and gained marketplace stock during the quarter. The institution besides gained momentum successful planetary business, increasing up of the industry; Bangladesh and Colombia starring the way," it added.

The company's shares ended 1.06 per cent little astatine Rs 4,230.55 apiece connected the BSE.