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HERO MOTOCORP LTD. - 500182 - Interim Dividend - Record Date - February 17, 2023

 The Board of Directors at its meeting held today, viz. February 7, 2023, has considered and approved interim dividend @ 3,250% i.e. Rs. 65 per equity share (face value of Rs. 2 per equity share) for the financial year 2022-23. Accordingly, the Board has fixed February 17, 2023 as record date for determining entitlement of members for the purpose of payment of interim dividend. The payment of interim dividend/ dispatch of dividend warrants will be completed by March 9, 2023.
07-02-2023
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Q3FY23 Quarterly Result Announced for Hero MotoCorp Ltd.

 Hero MotoCorp announced Q3FY23 results: Q3FY23 vs Q3FY22: Volume: 12.40 lakh units of motorcycles and scooters sold in Q3FY23 Revenue from operations: Rs 8,031 crore, a growth of 1.9% over the corresponding quarter in the previous fiscal EBITDA for the quarter stood at Rs 924 crore Profit before tax (PBT): Rs 940 crore (vs Rs 911 crore in Q3FY22) Profit after tax (PAT): Rs 711 crore (vs Rs 686 crore in Q3FY22) 9MFY23 vs 9MFY22: Volume: 40.58 lakh units of motorcycles and scooters sold in 9MFY23 Revenue from operations: Rs 25,499 crore, a growth of 16.8% over the corresponding nine months in the previous fiscal EBITDA for the nine months stood at Rs 2,903 crore Profit before tax (PBT): Rs 2,728 crore (vs Rs 2,448 crore in 9MFY22) Profit after tax (PAT): Rs 2,052 crore (vs Rs 1,846 in 9MFY22) Niranjan Gupta, Chief Financial Officer (CFO), of Hero MotoCorp, said, “We have started recovering our market shares and expect this journey to continue backed by exciting launches lined up over the next few quarters, especially in the premium segment. This, coupled with our renewed focus on the savings program should also help in improving our margin profile going forward, We are excited about our EV program, with Vida being established as a premium and aspirational brand. We are planning to roll this out across multiple cities in FY24. Our R&D; teams are working on accelerated portfolio expansion as well, in the EV space. The recently presented Union budget, with its focus on increasing capex investment on one hand and disposable income on the other, augurs well for the growth of the economy as well as the auto sector. We expect the two-wheeler industry to clock double-digit revenue growth in FY24." Result PDF
07-02-2023
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HERO MOTOCORP LTD. - 500182 - Corporate Action-Board approves Dividend

 The Board of Directors at its meeting held today, viz. February 7, 2023, has considered and approved interim dividend @ 3,250% i.e. Rs. 65 per equity share (face value of Rs. 2 per equity share) for the financial year 2022-23. Accordingly, the Board has fixed February 17, 2023 as record date for determining entitlement of members for the purpose of payment of interim dividend. The payment of interim dividend/ dispatch of dividend warrants will be completed by March 9, 2023.
07-02-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2022

 The Board of Directors at its meeting held today, viz. February 7, 2023, has considered and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2022. A copy of the said results along with the limited review report, is enclosed. A press release issued in this regard, is also enclosed.
07-02-2023
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HERO MOTOCORP LTD. - 500182 - Board Meeting Outcome for Outcome Of Board Meeting

 The Board of Directors at its meeting held today, viz. February 7, 2023 has considered and approved the matters given in the attached file.
07-02-2023
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HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the schedule of analyst / investor meetings. This schedule is subject to change due to business exigencies or otherwise.
07-02-2023

Hero Motocorp Q3 Preview | Revenue to grow only 2% on weak demand post festive season

 Volumes for the quarter stood at 12.4 lakh units versus 12.92 lakh units in the year-ago period and 14.28 lakh units in the quarter-ago period
07-02-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Allotment

 This is to inform you that the Nomination & Remuneration Committee (NRC) of the Company at its meeting held today viz. February 6, 2023, has allotted 9,285 equity shares of face value of Rs. 2/- each to the eligible employees of the Company who have exercised their stock options/units under the Plans framed under Employee Incentive Scheme 2014, details provided in the enclosed letter.
06-02-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

 Please find enclosed herewith a copy of the Press Release being issued by the Company.
03-02-2023
Bigul

HERO MOTOCORP LTD. - 500182 - Announcement under Regulation 30 (LODR)-Newspaper Publication

 Please find enclosed herewith copies of the newspaper advertisement published regarding the issue of duplicate share certificate viz. Letter of Confirmation in lieu of original share certificate that is reported to be lost and not traceable. Kindly note that the Letter of Confirmation will be issued to the concerned shareholders in case no objection is received on the advertisement.
03-02-2023
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