Business Standard

Hero MotoCorp posts 9.14% decline in profit before tax for Dec quarter

The total income declined 10.7% to Rs 7259.39 crore during the quarter compared to Rs 8128.16 crore in the same period of previous year

Hero MotoCorp
Premium

T E Narasimhan Chennai
Hero MotoCorp Ltd's has registered a 9.14 per cent decline in profit before tax (PBT) to Rs 1044.44 crore for the quarter ended December 31, 2019.

The company had posted a PBT of Rs 1149.63 crore in the corresponding period last year. 

The total income declined 10.7 per cent to Rs 7259.39 crore during the quarter compared to Rs 8128.16 crore in the same period of previous year.

The company says there are early indicators for the growth of rural economy that are likely to help the industry and it expects to see a turnaround in the second half of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in