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What is Hero Motocorp Financial Results 2014-15 about?

Hero Motocorp Ltd reported audited financial results for the years 2010-11 through 2014-15. Total sales increased from Rs. 197,302 crores in 2010-11 to Rs. 275,799 crores in 2014-15. Cost of sales grew from Rs. 171,040 crores to Rs. 217,589 crores over the same period, accounting for between 84-87% of operating income each year. Profit after tax increased from Rs. 19,279 crores in 2010-11 to Rs. 23,627 crores in 2014-15, representing around 9-12% of operating income annually.

Author

Varun Baxi

Language

EN