Hero MotoCorp recorded its highest ever quarterly revenue and profit after tax in Q1 FY25 as it reported a 16 per cent revenue growth from the same quarter of the previous year at Rs 10,144 crore and PAT at 1,123 crore, an increase of 36 per cent from Q1 FY24. The revenue touched 10,000 crore … Read more
Domestic markets extended losses for a second straight day on Tuesday as Sensex tumbled nearly 700 points. In today’s trade, shares of Hero MotoCorp, Hindalco, Apollo Hospitals, Vedanta, Ola Electric among others will be in focus due to various news developments and first quarter results. HAL, Ola Electric, Mazagon Dock Shipbuilders, Bandhan BankShares of HAL, … Read more
Hero MotoCorp on Tuesday reported a standalone net profit of Rs 1,123 crore for the quarter ended June 30, 2024 which was up by 36% from Rs 825 crore posted by the two-wheeler maker in the year ago period. The revenue from operation for the reporting quarter stood at Rs 10,144 crore, which was up … Read more
As the festive season in India fast approaches, Hero MotoCorp CEO Niranjan gupta on Tuesday announced that the company will be launching new scooter models in the two forthcoming quarters, attempting to ‘re-energise’ the segment. The two-wheeler manufacturer also said that its EV brand Vida has started to increase its presence and market share. “We … Read more
The first quarter earnings season is almost coming to an end and as many as 660 companies will announce their quarterly numbers on Tuesday. Key results to watch out include Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals and IRCTC. Apart from the above, companies like Samvardhana Motherson, Muthoot Finance, SJVN, Max Financial Services, Gujarat Fluorochemicals, Endurance … Read more
Royal Enfield today launched a new version of its iconic Classic 350 in several new colours and features. It will hit the markets next month. 2024 Royal Enfield Classic 350 Specification The new Enfield Classic 350 will be available in seven colours. Besides, the new version will have a USB charging port, LED lighting all-around, … Read more
Several widely followed companies, including Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric will be releasing their June quarter report cards this week. Here’s the list: 12th August AIA Engineering, Balrampur Chini Mills, Borosil Renewables, Campus Activewear, Cera Sanitaryware, DOMS … Read more
Bharatendu Kabi, one of the auto industry veterans and the Communication and CSR Head at Hero MotoCorp, is moving on after nearly two decades of service with the company. “Bharatendu’s strategic guidance has been instrumental, especially during critical moments like the separation from our former joint venture partner Honda in 2010-11. His contributions have played … Read more
Hero MotoCorp has launched the new Hero Splendor Plus Xtec 2.0 in the Indian market to accommodate the celebration of Splendor’s 30th anniversary. The bike has been priced at Rs 82,911 (ex-showroom). The bike is Rs 3,000 more expensive than the outgoing model and is offered in three colour options – Matte Grey, Gloss Black … Read more
Mumbai: Hero FinCorp, the financial services arm of India’s leading two-wheeler maker Hero MotoCorp, will likely file its draft red herring prospectus (DRHP) next month for an initial public offering (IPO), according to investment banking sources. The share sale could be worth ₹5,300 crore to ₹5,500 crore, making it the largest ever public issue by … Read more