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Hero MotoCorp Q1 preview: Over 15% fall in profit seen amid falling volume

At the operating level, analysts see a dip in margin due to higher discounts and adverse working capital owing to weak demand

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3 min read Last Updated : Jan 03 2020 | 7:24 AM IST

Hero Motocorp, the country’s largest two-wheeler maker, will announce its June quarter results on Tuesday and analysts expect it to report a decline in revenue as well as profit due to falling volumes amid a sector-wide slowdown.

The company's volumes saw a 12.5 per cent dip in the June quarter on a year-on-year (YoY) basis to 18.4 lakh units. Scooter volumes slumped 37 per cent to 1.2 lakh units while motorcycle volumes declined around 10 per cent YoY to 17.2 lakh units during the quarter.

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