Hero MotoCorp Surges as Profits Hit High Gear
Hero MotoCorp's shares rose nearly 2% after reporting a 24% increase in consolidated profit for Q4 ending March 31, 2025. The company's success was driven by enhanced margins from a better product mix and cost efficiency. Total income rose, despite a slight dip in sales volume.
- Country:
- India
Shares of Hero MotoCorp ascended nearly 2 percent on Tuesday, following the announcement of a 24 percent boost in consolidated profit after tax for Q4 ending March 31, 2025.
On the BSE, the stock closed at Rs 4,062.90, while peaking at Rs 4,097.40 during trading hours, marking a 2.67 percent gain.
Hero MotoCorp's profit surge to Rs 1,169 crore was propelled by improved margins through an optimal product mix and enhanced parts revenue. Revenue for the quarter jumped to Rs 10,244 crore, up from Rs 9,794 crore the previous year. Despite a marginal decrease in motorcycle and scooter sales, the company's annual consolidated profit climbed to Rs 4,376 crore, a 17 percent increase from FY24.
(With inputs from agencies.)
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