Hero MotoCorp net profit down 30% in Q4: Rising input costs mount pressure

Hero MotoCorp recently reported its net profit decline of 29.8% in Q4 (January-March 2022). The company had reported a net profit of Rs 627 crore for this quarter. ​Hero MotoCorp’s operations revenue for the Q4 FY22 stood at Rs 7,422 crore. The two-wheeler manufacturer sold 11.9 lakh motorcycles and scooters in Q4 FY22, a sales decline of 24% compared to the January-March 2021 quarter.

from Auto News: Upcoming Cars and Bikes, New Launches, Price and Reviews | Times of India https://ift.tt/RJcTvFg
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