Hero MotoCorp consolidated net profit declines 30.60% in the March 2022 quarter
Sales decline 13.73% to Rs 7496.55 crore
Net profit of Hero MotoCorp declined 30.60% to Rs 611.34 crore in the quarter ended March 2022 as against Rs 880.94 crore during the previous quarter ended March 2021. Sales declined 13.73% to Rs 7496.55 crore in the quarter ended March 2022 as against Rs 8689.74 crore during the previous quarter ended March 2021.For the full year,net profit declined 20.59% to Rs 2316.88 crore in the year ended March 2022 as against Rs 2917.75 crore during the previous year ended March 2021. Sales declined 4.55% to Rs 29551.28 crore in the year ended March 2022 as against Rs 30959.19 crore during the previous year ended March 2021.
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