Hero MotoCorp's net profit falls slightly to Rs 976 crores on 2nd quarter

The country's largest two-wheeler maker Hero MotoCorp Tuesday reported a marginal dip in its standalone profit after tax to Rs 976.28 crore for the second quarter ended September 30, 2018.

The company had posted a net profit of Rs 1,010.49 crore for the same period of the previous fiscal, Hero MotoCorp said in a BSE filing.

Revenue from operations for the quarter under review stood at Rs 9,090.94 crore as against Rs 8,371.74 crore in the same period previous fiscal, it added.

Shares of Hero MotoCorp today closed at Rs 2,890 per scrip on BSE, up 0.23 per cent from its previous close.