Mumbai, Aug. 14 -- Hero MotoCorp sold 15.35 lakh units of motorcycles and scooters in first quarter of FY25, up 13.45% from 13.53 lakh units sold in Q1 FY24.

Profit before tax grew 36.41% year on year (YoY) to Rs 1,493.45 crore in the quarter ended 30 June 2024.

Earnings before interest, tax, depreciation & amortization (EBITDA) improved to Rs 1,460 crore in June 2024 quarter, recording a growth of 21% YoY. The EBITDA margin expanded over the previous year and stood at 14.4%.

Hero MotoCorp stated that it has witnessed positive trends across domestic, EV and global businesses during the quarter. The company also witnessed sequential improvement in retail sales (VAHAN). It expects the momentum to build up in the following quarters on acc...