Hero Honda Q3 net profit up 78.4% at Rs 535.8 cr

Published on Monday, January 25th, 2010 at 10:34 PM
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Author: stockalert (2026 Articles)

stockalert

India’s largest two-wheeler maker, Hero Honda has announced its third quarter results of FY10. It has reported net profit of Rs 535.8 crore, an increase of 78.4% over Rs 300.4 crore in the same quarter of previous year.

Net sales jumped 32.72% to Rs 3,814.4 crore from Rs 2,874 crore (YoY). EBITDA (earning before interest, tax, depreciation and amortisation) margin stood at 17.27%.

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