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Hero MotoCorp Q2 preview: Net Profit may surge up to 11%, revenue by 9% YoY

Business Standard LogoBusiness Standard22h ago

Hero MotoCorp Q2 preview: Net Profit may surge up to 11%, revenue by 9% YoY - Business Standard

Quick Summary:

Analysts at Nuvama Institutional Equities expect Hero MotoCorp's revenue growth to be bolstered by both a rise in volume and an increase in realisations.

Additionally, Hero MotoCorp recorded a stellar festive show, posting a 17.4 per cent Y-o-Y increase in domestic sales.

Thus, Nuvama estimates Hero MotoCorp’s revenue at Rs 10,132.5 crore, reflecting a 7 per cent increase year-over-year (Y-o-Y).


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 08:06:39 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23563560

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 343 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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