Hero Motocorp Q4 Results Live : profit rise by 16.13% YOY | CNNmoneey

Hero Motocorp Q4 Results Live: Revenue climbed by 14.02% YoY, while profit increased by 16.13% YoY.

Hero Motocorp Q4 Results Live
Hero Motocorp Q4 Results Live

Hero Motocorp Q4 Results Are Live: Hero Motocorp announced their Q4 results on May 8, 2024. The top line climbed by 14.02%, while profit increased by 16.13% year on year.

Compared to the previous quarter, revenue fell by 1.75%, while profit fell by 14.49%.

Selling, general, and administrative expenses climbed by 7.28% quarter on quarter and by 15.79% year on year.

The operational income improved by 0.5% quarter on quarter and by 26.74% year on year.

The Q4 EPS is ₹46.7, up 16.03% year on year.

Hero Motocorp returned 1.56% in the last week, 48.1% in the last six months, and 12.06% year-to-date (YTD).

Hero Motocorp now has a market cap of ₹92246.21 Cr and 52-week high/low of ₹4922.52 and ₹2558.31, respectively.

As of May 10, 2024, out of 35 analysts covering the firm, two have given a strong sell recommendation, six have given a sell rating, six have given a hold rating, thirteen have given a buy rating, and eight have given a strong buy rating.

The consensus suggestion as of May 10, 2024 was to buy.

Read More: TVS Motor Co Q4 Results Live : Profit increased by 15.14% year over year.

Hero Motocorp Financials

Period Q4 Q3 Q-o-Q Growth Q4 Y-o-Y Growth
Total Revenue 9616.68 9787.86 -1.75% 8434.28 +14.02%
Selling/General/Admin Expenses Total 663.43 618.42 +7.28% 572.96 +15.79%
Depreciation/ Amortization 196.61 193.92 +1.39% 179.75 +9.38%
Total Operating Expense 8419.72 8596.9 -2.06% 7489.83 +12.42%
Operating Income 1196.96 1190.96 +0.5% 944.45 +26.74%
Net Income Before Taxes 1292.08 1456.08 -11.26% 1128.17 +14.53%
Net Income 935.01 1093.41 -14.49% 805.12 +16.13%
Diluted Normalized EPS 46.7 54.59 -14.45% 40.25 +16.03%

 

Read More: PNB Q4 results 2024: Net profit is up 160% year over year. Key highlights you should know.

Hi, My self Saurabh Singh

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