homevideos Newsearnings NewsHero MotoCorp results today: Here's what to expect

Hero MotoCorp results today: Here's what to expect

Profile image

By Sonia Shenoy  Oct 16, 2018 8:39:56 AM IST (Published)

Listen to the Article(6 Minutes)
Hero MotoCorp, the Indian motorcycle manufacturer, will report its second-quarter earnings on Tuesday.

Weak consumer sentiment, lower rural offtake as well as higher fuel prices have caused the volume growth to come in at just 5.4 percent on a year-on-year (Y-o-Y) basis. This compares to about 14 percent last quarter and 24 percent in the quarter before.
Here is what one should expect from the company this quarter:
  • The revenue growth could come in at single digit: 7.2 percent Y-o-Y revenue growth coming in at a little under Rs 9,000 crore.
  • On the margin front, 200 basing points fall in margin is expected at about 15.3 percent as despite price hikes, the company could not offset the higher commodity costs and other ad expenses. One basis point is a hundredth of a percentage point.
  • Realisations are expected to rise above 2.5 percent Y-o-Y and 1.3 percent quarter-on-quarter (Q-o-Q) to the tune of about Rs 42,370 a unit.
  • Most Read

    Share Market Live

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CurrencyPriceChange%Change