Hero MotoCorp Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 97,878.6 million compared to INR 81,183.3 million a year ago. Revenue was INR 100,314.3 million compared to INR 83,002.8 million a year ago. Net income was INR 10,934.1 million compared to INR 7,260.3 million a year ago. Basic earnings per share from continuing operations was INR 54.71 compared to INR 36.63 a year ago. Diluted earnings per share from continuing operations was INR 54.59 compared to INR 36.29 a year ago.
For the nine months, sales was INR 281,719.4 million compared to INR 257,241 million a year ago. Revenue was INR 288,491.5 million compared to INR 260,555.7 million a year ago. Net income was INR 28,098.2 million compared to INR 20,048.4 million a year ago. Basic earnings per share from continuing operations was INR 140.58 compared to INR 100.33 a year ago. Diluted earnings per share from continuing operations was INR 140.34 compared to INR 100.24 a year ago.