The Hindu·2 min read·medium

Hero MotoCorp Q1 PAT down 16.86% at ₹1,417.93 crore

P
PTI
Hero MotoCorp Q1 PAT down 16.86% at ₹1,417.93 crore
AI Summary

Hero MotoCorp reported a 16.86% decline in consolidated profit after tax for Q1, primarily due to a high base effect from the previous year. Despite the profit dip, the company saw a 23% increase in vehicle sales and strong growth in its parts and accessories business.

Two-wheeler maker Hero MotoCorp Ltd. has reported a 16.86% decline in consolidated profit after tax to ₹1,417.93 crore in the first quarter ended June 30 due to high base effect.

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Hero MotoCorp Q1 PAT down 16.86% at ₹1,417.93 crore — Headlinne — headlinne