Hero MotoCorp has reported results for third quarter ended December 31, 2013.
The company has reported 7.53% rise in its net profit at Rs 524.66 crore for the quarter as compared to Rs 487.89 crore for the same quarter in the previous year. Total income of the company has increased by 11.06% at Rs 6972.46 crore for quarter under review, as compared to Rs 6277.72 crore for the quarter ended December 31, 2012.
Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
The company has reported 7.53% rise in its net profit at Rs 524.66 crore for the quarter as compared to Rs 487.89 crore for the same quarter in the previous year. Total income of the company has increased by 11.06% at Rs 6972.46 crore for quarter under review, as compared to Rs 6277.72 crore for the quarter ended December 31, 2012.
Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
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