Income from operations in the reporting quarter was Rs. 10,144 crore, compared to Rs. 8,767 crore was 16% higher as compared to Rs.
Both PAT and Revenue respectively Rs. 1,184 crore and Rs. 10,477 crore were in the ET Now poll.
Earnings before interest, tax, depreciation and amortization (EBITDA) for Q1 of FY’25 stood at Rs 1,460 crore, a growth of 21% year-on-year.
The two-wheeler company has claimed the highest PAT after adjusting for extraordinary items in a filing with the exchange.
Additionally, the EBITDA margin expanded compared to the previous year and stood at 14.4%.
On a consolidated basis, revenue and PAT for the quarter were Rs. 10,211 crore and Rs. 1,032 crore was recorded.
Hero MotoCorp witnessed positive trends in domestic, EV and global business during the quarter. The company also saw a gradual improvement in retail sales (vehicles).
(You can now subscribe to our ETMarkets WhatsApp channel)