Hero MotoCorp Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Hero MotoCorp has approved the financial results for the quarter and half-year ended September 30, 2024. Key highlights include a revenue from operations of ₹10,463 Cr, marking an 11% growth year-on-year, and a Profit After Tax (PAT) of ₹1,204 Cr, reflecting a 14% increase. For the half-year, the company reported revenues of ₹20,607 Cr and PAT of ₹2,326 Cr, up by 13% and 24%, respectively. Additionally, EBITDA for Q2 stood at ₹1,516 Cr, indicating a 14% growth. The company experienced record retail sales of 16 lakh units during the festive season.