HERO MOTOCORP

Hero MotoCorp and BPCL joined to electrify the country
28 Feb

Hero MotoCorp and BPCL joined to electrify the country

editorBusiness,
The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp and a ‘Maharatna’ and a Fortune Global 500 Company Bharat Petroleum Corporation Limited (BPCL) have collaborated to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country. The two mega entities will first establish a substantial charging infrastructure at the existing nationwide energy station network and subsequently may broaden the collaboration to develop more synergies within the EV ecosystem and adjacent business verticals, thereby enabling prospects throughout the customer life cycle. First the charging stations will be setup across nine cities starting with Delhi and Bengaluru. The entire…
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HERO MOTOCORP REPORTS REVENUE OF Rs. 7,883 CRORE IN Q3’FY22
15 Feb

HERO MOTOCORP REPORTS REVENUE OF Rs. 7,883 CRORE IN Q3’FY22

editorBusiness
Hero MotoCorp, has reported its financial performance for the third quarter (October-December 2021) of the FY’ 2022. The company's Revenue from Operations for the quarter stood at Rs. 7,883 Crore. EBITDA margin for the third quarter was at 12.2%. Profit After Tax (PAT) for the quarter was at Rs. 686 Crore, and YTD PAT at Rs.1,846 Crore. The Consolidated PAT for the quarter was Rs. 704 Crore (YTD Rs. 1708 Crore). The company declared interim dividend of Rs. 60 per share amounting to 3000%. The company continues to progress on the launch of its Electric Vehicle, which will be produced…
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