Hero MotoCorp Q1 net up 10 pct, lags estimates

INDIA-HERO-MOTOCORP:Hero MotoCorp Q1 net up 10 pct, lags estimates

 

REUTERS - Three months ended June 30. (versus the same period a year earlier, in billion rupees unless stated)

Net Profit 6.15 vs 5.58

Net sales 62.08 vs 56.38

Analysts, on average, had expected a profit of 6.34 billion rupees on revenue of 63.72 billion rupees, Thomson Reuters I/B/E/S data showed.

NOTE: Hero MotoCorp is India's largest motorcycle manufacturer.