New Delhi, May 13 -- Hero MotoCorp, one of the world's largest two-wheeler manufacturers, released its March quarter results on Tuesday, May 13, reporting a 6% year-on-year increase in consolidated net profit to Rs.1,081 crore, beating Street estimates of Rs.1,016 crore.

Revenue from operations during the quarter also exceeded expectations, coming in at Rs.9,939 crore compared to analysts' estimates of Rs.9,705 crore. The company in March 2024 quarter reported a net profit of Rs.1061 crore and a revenue of Rs.9,519 crore.

(more to come)

Published by HT Digital Content Services with permission from MINT....