(Rs crores) | Q1FY24 | Q4FY24 | Q1FY25 | QoQ (%) | YoY (%) |
---|---|---|---|---|---|
Total income | 9,077 | 9,794 | 10,436 | 6.6% | 15.0% |
Total expenses | 7,840 | 8,427 | 8,974 | 6.5% | 14.5% |
Profit before tax | 982 | 1,292 | 1,408 | 8.9% | 43.4% |
Tax | 281 | 349 | 375 | 7.7% | 33.4% |
Profit after tax | 701 | 943 | 1,032 | 9.4% | 47.3% |
Earnings per share | 35.5 | 46.7 | 52.2 |
Mr. Niranjan Gupta, Chief Executive Officer (CEO) of Hero MotoCorp, said,
“We continue to be on the profitable growth journey, crossing ₹10,000 crore revenue for the first time ever, accompanied by the highest ever underlying PAT. As we surge forward, we are investing in long-term capability building to ensure sustained delivery of growth in future.
We are seeing a sharp recovery in market share in 125 cc segment charged by the new model Xtreme 125 cc, while we continue to maintain a formidable market share in entry and deluxe 100/110 cc segment of over 70% powered by our brands like Splendor, Passion, and HF deluxe.
Moving forward, our focus will be building our brands in the premium segment on the back of launches done in the last few quarters to win in this segment. We will be launching new models in scooters as well in the next 2 qtrs., to re‐energise this portfolio.
We have seen now our EV brand Vida starting to increase its presence and market share, and we will be expanding portfolio into affordable segment within this fiscal.
The overall economic indicators in India are promising, and the inclusive policies as well as capital allocation to infra and rural sector announced in union budget is expected to bolster demand. With inflationary pressures easing, consumer spending power is set to rise, further driving momentum as we gear up for a big festive season ahead.
Overall, we are optimistic about the demand trajectory for the coming quarters. Our product launches and strategic initiatives are well‐aligned to capitalise on this positive market environment, ensuring continued growth and value creation for all our stakeholders.”
Data Source: BSE, Company announcements
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