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Hero MotoCorp reports marginal fall in Q2 net profit

Hero MotoCorp reports marginal fall in Q2 net profit

Hero MotoCorp has reported results for second quarter ended September 30, 2018.

The company has reported a marginal fall of 3.39% in its net profit at Rs 976.28 crore for the quarter under review as compared to Rs 1,010.49 crore for the same quarter in the previous year. However, total income from operations of the company increased by 9.72% at Rs 9,314.60 crore for Q2FY19 as compared Rs 8,489.34 crore for the corresponding quarter previous year.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.