Hero Motocorp Q3 Results: Hero MotoCorp Limited has announced the dividend on 6 February today. The company will issue a dividend of Rs 100 on every stock to its shareholders. In addition, the company has also released the results of the third quarter of FY25. The company’s net profit has increased by 12 per cent to Rs 1203 crore in the October-December quarter. The figure was Rs 1,073 crore in the same period of a year ago.
Hero Motocorp’s revenue increased by 5%
The company recorded a revenue of Rs 10,211 crore in the third quarter of FY 2025, which is 5 per cent higher than Rs 9,724 crore in the third quarter of FY 2024. The company’s shares have seen a decline of 1.06 per cent today and this stock has closed at Rs 4230.55 on BSE.
Hero Motocorp results better than estimated
The company has presented better results from experts from experts. According to the Moneycontrol Poll of seven brokerage firms, the company’s revenue was expected to increase by 3.8 per cent annually, which would have been Rs 10099 crore. At the same time, the net profit was estimated to increase by 4 per cent to Rs 1,114 crore.
Hero Motocorp’s statement on CFO results?
Vivek Anand, Chief Financial Officer (CFO) of Hero MotoCorp, said, “Performance in this quarter and financial year shows successful execution of our strategic priorities. With a strong annual results in both top-line and bottom-line growth, we have nine months with nine months Has achieved the highest ever revenue and profit. “
He added, “As we are entering the next financial year, India will further strengthen our presence in the product premium and scooter segment launched in mobility. The emphasis on tax relief for middle class in Union Budget 2025 Has been given, as well as continuous investment in infrastructure and support to the agriculture sector, which is expected to promote the trust of the consumer and increase demand in the auto industry. “