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Thursday, October 24, 2013

Hero motocop posted strong results

Pawan Munjal Hero Motocop break the trend by posting rise in profit after 4 quarters with Net profit rises from 441 cr to 481 cr YoY .

Net sales increases from 5151 cr to 5697 cr i.e. growth of 10.6%.

Volume increases to 14.16 lac units from 13.32 lac units year ago i.e. rise of 6.3%.

so accumulate Hero Motocop as it is now back on track will present better no.s this quarter due to festival season.

Hero motocop posted strong results

Pawan Munjal Hero Motocop break the trend by posting rise in profit after 4 quarters with Net profit rises from 441 cr to 481 cr YoY .

Net sales increases from 5151 cr to 5697 cr i.e. growth of 10.6%.

Volume increases to 14.16 lac units from 13.32 lac units year ago i.e. rise of 6.3%.

so accumulate Hero Motocop as it is now back on track will present better no.s this quarter due to festival season.