ConCallIQ
Go Pro
HEROMOTOCO Diversified 14 May 2024

Hero MotoCorp Limited — Q4 FY24

Hero MotoCorp reported a strong Q4 FY24 with revenue of INR 9,519 crore (+15% YoY) and PAT of INR 1,016 crore (+18% YoY).

bullish high
Compare with...
Revenue ₹9,617 Cr +15%
EBITDA
PAT ₹943 Cr +18%
EBITDA Margin 14% +130bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score0%
Due this quarter1
Delivered0
Missed1

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q3 FY24

Three new EV models in Q1 FY25 at distinct price points

Hero will launch affordable, mid, and premium EV scooters in Q1 FY25, targeting price points around INR 1 lakh, INR 1.25 lakh, and INR 1.5 lakh.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1