Hero Honda outperforms industries on growth in Q2 (FY 2007-2008)


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Hero Honda Motors Ltd., the world’s largest two-wheeler manufacturer, reiterated its undisputed leadership by reporting better-than-industry performance in Q2 (FY 2007-08). The company clocked 7,56,633 units of two wheeler sales during the period. Hero Honda’s cumulative sales for the period April ‘07 – September ‘07 stood at 15,59,486 units.

In the second quarter (July-September) this year, the company reported a Net Profit of Rs 204.33 crores, as against Rs. 215.97 crores in the corresponding period last year. Total Turnover (sales turnover plus other income, net of excise) grew to Rs. 2391.36 crores, a growth of 4.5% over Rs. 2289.44 crores recorded in the corresponding period last year. The company has recorded an EBIDTA margin of 12.39% in the quarter. The EBIDTA margin in the previous quarter (Apr-Jun’07) was 10.76%.

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