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This is an archive article published on January 25, 2010

Hero Honda Q3 profit up 78.34%

Two-wheeler maker Hero Honda Motors Ltd reported a jump of 78.34 per cent in net profit for the third quarter at Rs 535.77 crore.

Two-wheeler maker Hero Honda Motors Ltd reported a jump of 78.34 per cent in net profit for the third quarter at Rs 535.77 crore.

The company had a net profit of Rs 300.42 crore during the corresponding quarter of the last fiscal,Hero Honda Motors Ltd (HMIL) said in a statement.

It also reported an increase of 32.82 per cent in its total net operating income for the quarter ended December 31,2009,at Rs 3,827.03 crore against Rs 2,881.27 crore in the year-ago period.

HMIL’s total two-wheeler sales registered a growth 29.56 per cent during the October-December period at 11,11,372 units,from 8,57,806 units during the corresponding period of 2008-09,the company added.

 

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