Hero MotoCorp announced that the 41th Annual General Meeting (AGM) of the company will be held on 12 August 2024.Powered by Capital Market - Live News

Hero MotoCorp has joined the ONDC Network, thereby becoming the first auto company in the country to join the network.Hero MotoCorp already has the largest physical distribution and service network in Indian Auto Industry. Partnering with ONDC will further enhance the reach and convenience, providing an easily accessible digital mode to customers. The Open Network will initially offer two-wheeler parts, accessories and merchandise. Customers can easily discover Hero Genuine Parts by using any buyer apps on the Network, such as Paytm and Mystore, among others.Powered by Capital Market - Live News

Net profit of Hero MotoCorp rose 16.13% to Rs 935.01 crore in the quarter ended March 2024 as against Rs 805.12 crore during the previous quarter ended March 2023. Sales rose 14.02% to Rs 9616.68 crore in the quarter ended March 2024 as against Rs 8434.28 crore during the previous quarter ended March 2023.For the full year,net profit rose 33.27% to Rs 3744.83 crore in the year ended March 2024 as against Rs 2809.96 crore during the previous year ended March 2023. Sales rose 10.63% to Rs 37788.62 crore in the year ended March 2024 as against Rs 34158.38 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales9616.688434.28 14 37788.6234158.38 11 OPM %13.7212.92 -13.8411.98 - PBDT1488.691307.92 14 6007.554561.01 32 PBT1292.081128.17 15 5250.193863.62 36 NP935.01805.12 16 3744.832809.96 33 Powered by Capital Market - Live News

Hero MotoCorp announced that the Board of Directors of the Company at its meeting held on 8 May 2024, inter alia, have recommended the final dividend of Rs 40 per equity Share (i.e. 2000%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of Hero MotoCorp at its meeting held on 08 May 2024 has approved setting up a wholly owned subsidiary in Brazil. Powered by Capital Market - Live News