Hero Honda Q3 profit up 78.34 per cent
Two-wheeler maker Hero Honda Motors Ltd on Monday reported a jump of 78.34 per cent in net profit for the third quarter at Rs 535.77 crore.autos Updated: Jan 25, 2010 19:24 IST
Two-wheeler maker Hero Honda Motors Ltd on Monday reported a jump of 78.34 per cent in net profit for the third quarter at Rs 535.77 crore.
The company had a net profit of Rs 300.42 crore during the corresponding quarter of the last fiscal, Hero Honda Motors Ltd (HMIL) said in a statement.
It also reported an increase of 32.82 per cent in its total net operating income for the quarter ended December 31, 2009, at Rs 3,827.03 crore against Rs 2,881.27 crore in the year-ago period.
HMIL's total two-wheeler sales registered a growth 29.56 per cent during the October-December period at 11,11,372 units, from 8,57,806 units during the corresponding period of 2008-09, the company added.