Hero MotoCorp's Q1 net profit grew 2.6% to Rs 562.7 crore, while net sales rose 14.24% to Rs 70368.40 crore. However, net profit margin fell to 8% from 8.91% in the previous fiscal year. The company's stock price rose 0.48% closing at Rs 2596.55 on the BSE.

1. Hero Moto Corp Q1 Net grows 2.6% to Rs 562.7 crore
Hero MotoCorp Ltd | Quarterly Result ason 30-Jun-2014 | 06-Aug-2014
For the period, the Hero MotoCorp Ltd reported Net Sales of Rs 70368.40 million and Net Profit of Rs 5627.60 million. While Net Sales rose
by 14.24%, Net Profit grown by 2.58% and thereby NPMreduced to 8.00% as compared to 8.91% during same period previous FY. Equity
Capital for the period under consideration stands at Rs 399.40 million. EPS as on 30-Jun-2014 stands at Rs 28.18 viz-a-vizRs 27.47 as on
30-Jun-2013.
The stock of the Hero MotoCorp Ltd at BSE opened at 2525.00 touched a high 2606.05 and low 2525.00 before closing at 2596.55 gaining
0.48%over previous close. The trading volume for the stock at BSEstood at 455598 shares and at NSEstood at 959915 shares.
BSE NSE
The stock shares 1.15% weight in S&P BSE Sensex. The S&P BSE Sensexclosed todayat 25665.27 (0.94% loss) and CNXNiftyclosed at
7672.05 (0.96%loss).
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