Hero MotoCorp Q3 preview: Marginal bump in profit, revenue expected despite flat volumes

February 5, 2025

Hero MotoCorp expects a slight rise in profit and revenues for Q3 despite stagnant volumes, primarily due to improved product mix and higher average selling prices. Revenue is projected to increase by 3% YoY, while PAT is expected to rise 2% YoY. EBITDA margins are anticipated to improve YoY but decline QoQ due to lower volumes and festive season discounts.

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