Thursday, July 31, 2008

Hero Honda Q1 net profit at Rs 272 cr


Hero Honda Motors has declared its results for the quarter ended June 2008 (Q1). The company's net profit was at Rs 272 crore versus Rs 189.8 crore.The company's total income was at Rs 2,890 crore.

The company's Q1 net sales were up by 16.2% to Rs 2843.5 crore versus Rs 2447.9 crore. Its OPM were at 12% versus 10.76%.The company's Q1 margins were at 12% versus 10.76% on YoY basis. Tax incidence was at 22% versus 30% (post Uttaranchal plant launch in April 8th).



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