Sunil Kant Munjal exits from Hero MotoCorp's Management
This is as part of the division of BML Munjal Group Entities14-08-2023
14-08-2023
HERO MOTOCORP LTD. - 500182 - Disclosure Under Regulation 30A Of The SEBI (LODR) Regulations, 2015
Please find attached details of the family settlement agreement received from the promoters of the Company in the attached Annexure.14-08-2023
HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we wish to inform you that the audio recording of the earnings call for the quarter ended June 30, 2023 is available on the Company's website at: https://www.heromotocorp.com/en-in/investors/overview.html11-08-2023
HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find attached schedule of investor meeting.11-08-2023
HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith copies of the newspaper advertisement pertaining to finacial results of the Company for the quarter ended June 30, 2023.11-08-2023
Hero MotoCorp Results Earnings Call for Q1FY24
Conference Call with Hero MotoCorp Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.11-08-2023
Hero MotoCorp shares skid even after Q1 net zooms over 32%
As per the company disclosures, the company sold 13.53 motorcycles and scooters in the April-June quarter.11-08-2023
Hero Motor Co Share Price Live blog for 11 Aug 2023
Hero Motor Co stock price went down today, 11 Aug 2023, by -0.76 %. The stock closed at 3057.25 per share. The stock is currently trading at 3034 per share. Investors should monitor Hero Motor Co stock price closely in the coming days and weeks to see how it reacts to the news.11-08-2023
Q1FY24 Quarterly Result Announced for Hero MotoCorp Ltd.
2/3 Wheelers company Hero MotoCorp announced Q1FY24 results: Revenue from Operations for Q1FY24 stood at Rs 8,767 crore, (vs Rs 8,393 crore) and Total Income of Rs 8,989 crore (vs Rs 8,446 crore). EBITDA margin for Q1FY24 stood at 13.8%, reflecting an improvement of 250 bps. The underlying EBITDA margin for ICE Business stands at 14.5%, excluding the impact of EV business. Profit Before Tax and exceptional item for Q1FY24 was at Rs 1,255 crore, reflecting a growth of 52% over Rs 824 crore reported in Q1FY23. Profit After Tax before exceptional item stands at Rs 945 crore, a growth of 51% over Q1FY23. PAT after the exceptional item of VRS, stands at Rs 825 crore. Consolidated Revenue from operations stood at Rs 8,851 crore, a growth of 5% over Q1FY23, and PAT at Rs 701 crore, a growth of 20% over Q1FY23. Volume of 13.53 lakh units of motorcycles and scooters sold in Q1FY24. Niranjan Gupta, Chief Executive Officer (CEO), Hero MotoCorp, said, “Our underlying margins in ICE business have returned to pre-covid levels, providing us with the necessary fuel for growth as we move forward. The singular focus as we move ahead will be growth and market share. We have begun strengthening our presence in the premium segment and pre-booking number for Harley Davidson X440 is a good start. We will see more launches of new models in this segment over the next few quarters, as we intend to win big in the premium segment. Our EV presence is getting scaled up and we are on track to cover 100 cities by December this year. The key economic indicators are trending in a positive direction, and a normal monsoon augurs well for demand, as we will soon enter the festive season. Reduced inflationary pressures moving forward, should result in more spending power in the hands of consumers. Overall, we see a positive scenario on the demand side, especially for the second half of this year and onwards” Result PDF10-08-2023
HERO MOTOCORP LTD. - 500182 - Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2023
The Board of Directors at its meeting held today has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2023. A copy of the said results along with the limited review report, is enclosed. A press release issued in this regard, is also enclosed.10-08-2023