Hero MotoCorp reported a significant decline in volumes in Q3FY20, which was attributed to macroeconomic and regulatory challenges.
Year-on-year (YoY), net operating revenue fell 11 percent. Average realisation rose 3.9 percent on the back of a price increase and higher sales of spare parts.
Moneycontrol’s Sakshi Batra does a 3-Point Analysis to understand the key earnings fineprint and the outlook on the company.
Watch the video for more.
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