 "Hero MotoCorp's profit jumps 71% to Rs 814 cr")
Profit for FY16 was Rs 3,132 crore against Rs 2,386 crore in the year-ago period, an increase of 31 per cent. Total Income increased from Rs 27,585 crore to Rs 28,599 crore.
Read more from our special coverage on "HERO MOTOCORP"
Pawan Munjal, chairman, managing director and chief executive, said, "The completion of FY16 marked five years of sustained leadership in our bold new solo journey that we embarked upon in 2011. In addition to consolidating our market leadership in terms of volumes, we have also worked on making Hero MotoCorp a more profitable company."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%