India’s leading two-wheeler maker, Hero MotoCorp, on Tuesday reported a 6% year-on-year (YoY) growth in its standalone net profit, which stood at Rs 1,081 crore for the fourth quarter. Revenue from operations rose 4% YoY to Rs 9,519 crore.
The Board has recommended a final dividend of Rs 65 per share, subject to approval by the shareholders at the upcoming Annual General Meeting (AGM). The dividend payment will be completed within 30 days of the AGM.
More to come…