The country's largest two-wheeler manufacturer Hero MotoCorp has announced the results for the second quarter of FY 2025. The company has presented better results than expected. In the quarter ended September 2024, the company's profit has increased by 14.2 percent to Rs 1,203.5 crore, which was Rs 1,054 crore in the September quarter last year. The company's income has seen an increase of 10.8 percent, which stood at Rs 10,463.2 crore. A year ago in this quarter, the company had recorded an income of Rs 9,445 crore.
The company said that in the September quarter, the company's EBITDA increased by 14.1 percent to Rs 1,515.9 crore, which was Rs 1,328 crore in the same quarter a year ago. The company's EBITDA margin has increased from 14.1 percent to 14.5 percent year-on-year.
Share performance On Thursday, Hero Moto Corp's share closed at Rs 4,612.65 with a gain of 2.06 percent. In the last one year, the company's stock has seen a growth of 45.15 percent. The 52-week high of the stock is Rs 4,612.65.
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