Hero MotoCorp standalone net profit rises 39.35% in the March 2021 quarter

Sales rise 39.23% to Rs 8685.97 crore

Net profit of Hero MotoCorp rose 39.35% to Rs 864.97 crore in the quarter ended March 2021 as against Rs 620.71 crore during the previous quarter ended March 2020. Sales rose 39.23% to Rs 8685.97 crore in the quarter ended March 2021 as against Rs 6238.39 crore during the previous quarter ended March 2020.

For the full year,net profit declined 18.41% to Rs 2964.20 crore in the year ended March 2021 as against Rs 3633.26 crore during the previous year ended March 2020. Sales rose 6.81% to Rs 30800.62 crore in the year ended March 2021 as against Rs 28836.09 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8685.976238.39 39 30800.6228836.09 7 OPM %13.9410.58 -13.0513.73 - PBDT1292.24825.29 57 4577.254714.28 -3 PBT1129.12650.59 74 3900.383896.32 0 NP864.97620.71 39 2964.203633.26 -18

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