Hero MotoCorp Q2 Results Preview: Automaker's EBITDA set to soar because of reduction in input cost, better operating performance
Zee Business research expects the automaker's standalone profit after tax to increase by 24.3 per cent to Rs 1,290 crore in Q2 from Rs 1,038 crore in the year-ago period. The analysts estimate the company's revenue to go up by 2.2 per cent to Rs 9,725 crore in the quarter under review from Rs 9,075 crore in the same quarter a year ago.
Research says that the company is likely to witness an increase of 24.3 per cent in its EBITDA to Rs 1,290 crore in the second quarter compared to Rs 1,038 crore in the corresponding period last fiscal. Photo: File/Representational