Mumbai, Feb. 6 -- Hero MotoCorp reported a 12% year-on-year increase in standalone net profit for the December quarter, reaching Rs 1,203 crore compared to Rs 1,073 crore in the same period last year, Mint reported.

The company also declared an interim dividend of Rs 100 per equity share for the financial year 2024-25, setting February 12, 2025, as the record date for shareholder eligibility, with payment to be finalised by March 8, 2025.

Alongside its earnings, Hero MotoCorp's board approved an investment of Rs 5.15 crore in a Solar Power Wheeling project under the Group Captive mechanism, aimed at supplying renewable energy to its Dharuhera and Gurugram plants.

He added that the products introduced at Bharat Mobility would further bo...