Hero MotoCorp consolidated net profit declines 30.60% in the March 2022 quarter

4 May 2022 , 07:59 AM

Net profit of Hero MotoCorp declined 30.60% to Rs 611.34 crore in the quarter ended March 2022 as against Rs 880.94 crore during the previous quarter ended March 2021. Sales declined 13.73% to Rs 7496.55 crore in the quarter ended March 2022 as against Rs 8689.74 crore during the previous quarter ended March 2021.

For the full year,net profit declined 20.59% to Rs 2316.88 crore in the year ended March 2022 as against Rs 2917.75 crore during the previous year ended March 2021. Sales declined 4.55% to Rs 29551.28 crore in the year ended March 2022 as against Rs 30959.19 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	7496.55	8689.74	-14	29551.28	30959.19	-5
OPM %	11.15	14.12	–	10.98	13.09	–
PBDT	954.11	1320.05	-28	3747.63	4564.44	-18
PBT	785.73	1146.54	-31	3058.11	3849.32	-21
NP	611.34	880.94	-31	2316.88	2917.75	-21

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