Hero MotoCorp · NSE: HEROMOTOCO · BSE: 500182

Q2 FY21 results · Jul–Sep 2020

Hero MotoCorp reported revenue from operations of ₹9,473.32 crore (up 23.7% from Q2 FY20) and net profit of ₹963.82 crore (up 9.1% from Q2 FY20) for Q2 FY21 (Jul–Sep 2020), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	9,473.32	7,660.60	+23.7%	2,969.08	+219.1%
Other income	133.93	164.56	−18.6%	150.14	−10.8%
Total income	9,607.25	7,825.16	+22.8%	3,119.22	+208.0%
Profit before share of associates & JVs and tax	1,248.02	1,025.22	+21.7%	76.47	16x
Share of profit/(loss) of associates & JVs	12.97	14.00		1.40
Net profit for the period	963.82	883.78	+9.1%	57.78	17x
Attributable to shareholders of the company	958.49	879.45	+9.0%	59.14	16x
EPS, basic (₹)	47.99	44.25	+8.5%	2.96	16x
Net margin (%)	10.2	11.5		1.9

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY21	Q2 FY20	YoY	Q1 FY21	QoQ
Revenue from operations	9,367.34	7,570.70	+23.7%	2,971.54	+215.2%
Other income	141.33	207.83	−32.0%	148.46	−4.8%
Total income	9,508.67	7,778.53	+22.2%	3,120.00	+204.8%
Profit before tax	1,249.95	1,037.74	+20.4%	79.49	16x
Net profit for the period	953.45	874.80	+9.0%	61.31	16x
EPS, basic (₹)	47.73	43.80	+9.0%	3.07	16x
Net margin (%)	10.2	11.6		2.1

Consolidated

Filed with BSE: 30 Oct 2020, 10:51 IST
Board meeting: 28 Oct 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 30 Oct 2020, 10:51 IST
Board meeting: 28 Oct 2020
Period: 01 Jul 2020 to 30 Sep 2020
Review status: Unaudited
Source: XBRL filing on BSE