Hero MotoCorp · NSE: HEROMOTOCO · BSE: 500182

Q3 FY22 results · Oct–Dec 2021

Hero MotoCorp reported revenue from operations of ₹8,013.08 crore (down 18.5% from Q3 FY21) and net profit of ₹704.24 crore (down 31.6% from Q3 FY21) for Q3 FY22 (Oct–Dec 2021), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY22	Q3 FY21	YoY	Q2 FY22	QoQ
Revenue from operations	8,013.08	9,827.05	−18.5%	8,538.85	−6.2%
Other income	120.22	205.56	−41.5%	157.95	−23.9%
Total income	8,133.30	10,032.61	−18.9%	8,696.80	−6.5%
Profit before share of associates & JVs and tax	916.23	1,462.60	−37.4%	1,056.09	−13.2%
Share of profit/(loss) of associates & JVs	19.75	(98.68)		(62.94)
Net profit for the period	704.24	1,029.17	−31.6%	747.79	−5.8%
Attributable to shareholders of the company	703.74	1,019.18	−31.0%	745.72	−5.6%
EPS, basic (₹)	35.23	51.02	−30.9%	37.32	−5.6%
Net margin (%)	8.8	10.5		8.8

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	Q3 FY22	Q3 FY21	YoY	Q2 FY22	QoQ
Revenue from operations	7,883.27	9,775.77	−19.4%	8,453.40	−6.7%
Other income	121.63	202.68	−40.0%	156.93	−22.5%
Total income	8,004.90	9,978.45	−19.8%	8,610.33	−7.0%
Profit before tax	910.69	1,441.82	−36.8%	1,052.88	−13.5%
Net profit for the period	686.13	1,084.47	−36.7%	794.40	−13.6%
EPS, basic (₹)	34.34	54.29	−36.7%	39.76	−13.6%
Net margin (%)	8.7	11.1		9.4

Consolidated

Filed with BSE: 11 Feb 2022, 14:58 IST
Board meeting: 10 Feb 2022
Period: 01 Oct 2021 to 31 Dec 2021
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 11 Feb 2022, 14:58 IST
Board meeting: 10 Feb 2022
Period: 01 Oct 2021 to 31 Dec 2021
Review status: Unaudited
Source: XBRL filing on BSE