Hero MotoCorp Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Hero MotoCorp Ltd reported a 1.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 5.3%.
- Its expenses for the quarter were down by 2.1% QoQ and up 4.2% YoY.
- The net profit increased 3.9% QoQ and increased 1.6% YoY.
- The earnings per share (EPS) of Hero MotoCorp Ltd stood at 55.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 10566.31 | 10721.59 | 10031.43 | -1.4% | 5.3% |
Total Expenses | 8977.63 | 9171.26 | 8619.64 | -2.1% | 4.2% |
Profit Before Tax | 1588.68 | 1550.33 | 1411.79 | 2.5% | 12.5% |
Tax | 388.56 | 397.58 | 364.96 | -2.3% | 6.5% |
Profit After Tax | 1108.38 | 1066.47 | 1091.12 | 3.9% | 1.6% |
Earnings Per Share | 55.30 | 53.10 | 54.60 | 4.1% | 1.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Hero MotoCorp Ltd is a leading Indian multinational corporation known for its production of motorcycles and scooters. As one of the largest motorcycle manufacturers in the world, the company operates in the automotive industry. Hero MotoCorp is renowned for its extensive range of two-wheelers that cater to various segments of the market, including commuters, premium bikes, and scooters. The company has a significant presence in India and also exports to several countries across the globe. While no recent major developments are mentioned within the provided data, Hero MotoCorp continues to focus on innovation and expansion in both domestic and international markets.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Hero MotoCorp Ltd reported a total income of ₹10,566.31 crores. This represents a slight decrease of 1.4% from the second quarter of the fiscal year 2025 (Q2FY25), where the total income was ₹10,721.59 crores. However, there was a year-over-year increase of 5.3% compared to the third quarter of the fiscal year 2024 (Q3FY24), where the total income was ₹10,031.43 crores. This data indicates that while there was a modest decline in income on a quarterly basis, the company has shown growth over the past year.
Profitability
Hero MotoCorp Ltd achieved a profit before tax of ₹1,588.68 crores in Q3FY25, marking an increase of 2.5% from the previous quarter's ₹1,550.33 crores. This also reflects a significant year-over-year growth of 12.5% from Q3FY24, where the profit before tax was ₹1,411.79 crores. The tax expenses for Q3FY25 were ₹388.56 crores, a slight decrease of 2.3% from Q2FY25. The company recorded a profit after tax of ₹1,108.38 crores for Q3FY25, showing a quarterly increase of 3.9% and a year-over-year increase of 1.6%. The earnings per share for this quarter were ₹55.30, up from ₹53.10 in Q2FY25 and slightly higher than ₹54.60 in Q3FY24.
Operating Metrics
The total expenses for Hero MotoCorp Ltd in Q3FY25 were ₹8,977.63 crores, which indicates a reduction of 2.1% compared to Q2FY25's ₹9,171.26 crores. This also represents a 4.2% increase from the expenses in Q3FY24, which were ₹8,619.64 crores. Despite the reduction in expenses from the previous quarter, the company successfully managed to maintain and improve its profitability metrics. The earnings per share experienced a quarterly growth of 4.1% and a year-over-year increase of 1.3%, reflecting stable operational performance. The financial data provided does not include specific details on key financial ratios or additional operating metrics beyond the profit and loss statements.
