New Delhi, May 13 -- Hero MotoCorp Ltd, which sells about one in four motorcycles and scooters in the country, reported strong earnings in the financial year 2024-25, buoyed by higher exports and strong demand for its new premium motorcycles.
The Delhi-based company's revenue from operations rose 9% to Rs.40,756 crore for the fiscal year ended 31 March. Its earnings before interest, taxes, depreciation, and amortisation, or Ebitda, margin for the year increased 40 basis points to 14.4% due to higher sales of premium motorcycles. Its net profit during the year jumped 16% to Rs.4,610 crore.
"Our success during the year was underpinned by robust growth across the premium, scooter, and EV segments, fuelled by several new product launches," ...
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