Hero MotoCorp on Thursday reported a net profit of Rs 1,393 crore for the quarter ended September 30, almost in line with estimates. The net profit grew 15.8 per cent over the corresponding period a year ago.
The auto major’s quarterly revenue increased 15.9 per cent on a year-on-year basis to Rs 12,126 crore, according to a regulatory filing.
Hero MotoCorp Q2 FY26 Earnings | How top and bottom lines fare vs estimates
While the bottom line almost met the mark, the top line exceeded analysts’ expectations.
According to Zee Business research, Hero MotoCorp’s second-quarter net profit and revenue were estimated at Rs 1,403 crore and Rs 11,940 crore, respectively.
Hero MotoCorp Q2 Results | Operational performance
The motorcycle maker’s operational profit jumped 20.3 per cent to Rs 1,823 crore, according to the filing.
Its margin — a key measure of profitability — improved by 50 basis points to 15 per cent.
Hero MotoCorp share price
Earlier on Thursday, the Hero MotoCorp stock declined 0.4 per cent to end at Rs 5,506.8 apiece on BSE.
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