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Home News Hero Motocorp Q4 PAT may dip 12.5% to Rs.675.2 cr: ICICI Securities

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Hero Motocorp Q4 PAT may dip 12.5% to Rs.675.2 cr: ICICI Securities

Hero Motocorp Q4 PAT may dip 12.5% to Rs.675.2 cr: ICICI Securities

Saturday, April 15, 2017, 5:39 PM

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Auto & Auto Ancillaries sector. The brokerage house expects Hero Motocorp to report net profit at 675.2 crores down 12.5% quarter-on-quarter. Net Sales are expected to increase by 9 percent Q-o-Q (down 7.5 percent Y-o-Y) to Rs 6938.6 crore, according to ICICI Securities.
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