You are here: Home » Companies » Financial X-Ray
Should India exclude Chinese from the sub-Rs 10K 5G device category?
Business Standard

Hero MotoCorp: Q1 disappoints, but there's hope of a better second half

Volumes and margins are expected to improve on the back of a good monsoon and decline in raw material costs, respectively

Topics
Hero MotoCorp | Q1 results | Companies

Devangshu Datta 



Hero Motocorp
Hero MotoCorp.

The 2-wheeler market industry has been reeling from the combination of supply chain issues, high raw material costs and weak demand. While demand continues to look weak going by sales data from July, the Q1 (April-June quarter) results indicate some degree of stability on the supply chain front with chip sourcing becoming less difficult and the costs of RM (raw materials) may also have leveled off as metal prices corrected through Q1.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, August 16 2022. 08:56 IST

RECOMMENDED FOR YOU

.