Hero MotoCorp consolidated net profit rises 45.70% in the March 2021 quarter

Sales rise 37.20% to Rs 8689.74 crore

Net profit of Hero MotoCorp rose 45.70% to Rs 880.94 crore in the quarter ended March 2021 as against Rs 604.63 crore during the previous quarter ended March 2020. Sales rose 37.20% to Rs 8689.74 crore in the quarter ended March 2021 as against Rs 6333.51 crore during the previous quarter ended March 2020.

For the full year,net profit declined 19.80% to Rs 2917.75 crore in the year ended March 2021 as against Rs 3638.11 crore during the previous year ended March 2020. Sales rose 5.83% to Rs 30959.19 crore in the year ended March 2021 as against Rs 29253.97 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8689.746333.51 37 30959.1929253.97 6 OPM %14.1210.63 -13.0913.88 - PBDT1320.05820.15 61 4564.444779.47 -4 PBT1146.54637.53 80 3849.323933.71 -2 NP880.94604.63 46 2917.753638.11 -20

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