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Hero MotoCorp Q4 preview: Analysts see up to 60% YoY rise in Ebitda

Nomura has one of the most conservative estimates with standalone net profit seen at Rs 794 crore, up around 28 per cent YoY

Topics
Hero MotoCorp | Q4 Results | Motorcycles

Nikita Vashisht  |  New Delhi 



Hero MotoCorp
Photo: Shutterstock

HeroMoto Corp, slated to report its March quarter results (Q4FY21) on May 6, is expected to post nearly 60 per cent year-on-year growth in earnings before interest, tax, depreciation, and amortization (Ebitda) aided by healthy sales volume and low base effect. However, price hikes taken due to BS-VI transition and to off-set increase in input costs may not be enough to cushion Ebitda margin hit, say analysts.

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First Published: Wed, May 05 2021. 11:15 IST

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