Hero Motocorp releases Consolidated Quarterly Results for March 31, 2023. Hero Motocorp has announced an increase in total income from Rs. 8300.28 Crores as of December 31, 2022, to Rs. 8671.82 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 726.03 Crores as of December 31, 2022, to Rs. 805.12 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 36.33 on December 31, 2022, to Rs. 40.29 on March 31, 2023, according to the company’s statement.
Hero Motocorp Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 8671.82 Crores (March 31, 2023) vs. Rs. 8300.28 Crores (December 31, 2022)
Net profit/loss: Rs. 805.12 Crores (March 31, 2023) vs. Rs. 726.03 Crores (December 31, 2022)
EPS: Rs. 40.29 (March 31, 2023) vs. Rs. 36.33 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 8671.82 Cr | ₹ 8300.28 Cr | ⬆ 4.48% |
| Net Profit | ₹ 805.12 Cr | ₹ 726.03 Cr | ⬆ 10.89% |
| EPS | ₹ 40.29 | ₹ 36.33 | ⬆ 10.90% |
Hero Motocorp Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 8671.82 Crores (March 31, 2023) vs. Rs. 7627.99 Crores (March 31, 2022)
Net profit/loss: Rs. 805.12 Crores (March 31, 2023) vs. Rs. 611.34 Crores (March 31, 2022)
EPS: Rs. 40.29 (March 31, 2023) vs. Rs. 30.59 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 8671.82 Cr | ₹ 7627.99 Cr | ⬆ 13.68% |
| Net Profit | ₹ 805.12 Cr | ₹ 611.34 Cr | ⬆ 31.70% |
| EPS | ₹ 40.29 | ₹ 30.59 | ⬆ 31.71% |
Hero Motocorp Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 34727.39 Crores (March 31, 2023) vs. Rs. 30106.29 Crores (March 31, 2022)
Net profit/loss: Rs. 2809.96 Crores (March 31, 2023) vs. Rs. 2316.88 Crores (March 31, 2022)
EPS: Rs. 140.62 (March 31, 2023) vs. Rs. 115.96 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 34727.39 Cr | ₹ 30106.29 Cr | ⬆ 15.35% |
| Net Profit | ₹ 2809.96 Cr | ₹ 2316.88 Cr | ⬆ 21.28% |
| EPS | ₹ 140.62 | ₹ 115.96 | ⬆ 21.27% |
Hero Motocorp Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹35 per Equity Share of Face Value of ₹2 each of the Company (1750% of Face Value). Total Dividend for FY23 stood at ₹100 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹35 per Equity Share | 08/09/2023 |
About Hero Motocorp:
Hero MotoCorp Limited, a multinational motorcycle and scooter manufacturer, is headquartered in New Delhi, India. With a market share of about 37.1% in the two-wheeler industry, the company is one of the largest two-wheeler manufacturers in the world and in India.
Download Full PDF Q4 Results Hero Motocorp:
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