Hero MotoCorp standalone net profit declines 24.51% in the March 2019 quarter

Image
Capital Market
Last Updated : Apr 27 2019 | 4:31 PM IST

Sales decline 7.93% to Rs 7884.96 crore

Net profit of Hero MotoCorp declined 24.51% to Rs 730.32 crore in the quarter ended March 2019 as against Rs 967.40 crore during the previous quarter ended March 2018. Sales declined 7.93% to Rs 7884.96 crore in the quarter ended March 2019 as against Rs 8564.04 crore during the previous quarter ended March 2018.

For the full year,net profit declined 8.45% to Rs 3384.87 crore in the year ended March 2019 as against Rs 3697.36 crore during the previous year ended March 2018. Sales rose 4.41% to Rs 33650.54 crore in the year ended March 2019 as against Rs 32230.49 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales7884.968564.04 -8 33650.5432230.49 4 OPM %13.5616.00 -14.6516.38 - PBDT1231.351535.55 -20 5612.745799.76 -3 PBT1081.121387.21 -22 5010.735244.16 -4 NP730.32967.40 -25 3384.873697.36 -8

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Apr 27 2019 | 4:14 PM IST

Next Story