Hero Honda Q2 FY10 : Net surges 94.95%

by khalid on 22/10/2009 · 2 comments

HERO HONDA

Hero Honda has achieved a significant rise in profit and posted a net profit of Rs 597.14 crore in the Q2 of the current fiscal (FY10), ended in Sep 09. The company had recorded a net profit of Rs 306.3 crore in the corresponding quarter of the last fiscal (FY09). This is an increase of 94.95% in profit. A similar sharp surge came in the Q1 ending June, when net profit rose by 83% to Rs 500.11 crore.

The company informed the market that net sales in the present Q2 of current fiscal (FY10) is Rs 4040.1 crore and it is a rose of 26.77% as compared to the corresponding quarter of the last fiscal (FY09). Total income too rose by 26.78% to 4128.15 crore.

Hero Honda share’s CMP is Rs 1612.90 on 20th Oct 09.

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Henery Schaffer October 22, 2009

Nice writing style. I look forward to reading more in the future.

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Henery Schaffer October 22, 2009

Hi. I read a few of your other posts and wanted to know if you would be interested in exchanging blogroll links?

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