Hero MotoCorp’s Q1 standalone net profit remained relatively stable at Rs 1,126 crore, with revenues experiencing a 6% YoY decrease to Rs 9,579 crore. The company saw strong demand for its entry-level and deluxe motorcycles, along with its 125cc scooter segment, while its electric mobility business under the VIDA brand gained traction.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets