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Net Sales are expected to increase by 93.8 percent Y-o-Y (down 33.7 percent Q-o-Q) to Rs. 5,759 crore, according to ICICI Direct.
The second half of 2021-22 is expected to see a demand recovery for Hero MotoCorp on the back of customer preference towards personal mobility, positive rural sentiment and new products, especially in the premium segment
Experts predict EBITDA to increase by 68 percent YoY, led by operating leverage benefits in Q4FY21
Demand for Hero' MotoCorp's products is expected to be on an upward trajectory on the back of customer preference towards personal mobility, positive rural sentiment and new products, especially in the premium segment
Kotak expects EBITDA to increase by 24 percent YoY led by operating leverage benefits in Q3FY21, but expects EBITDA margin to decline by 156 bps YoY.
Net Sales are expected to increase by 39.4 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 9,752 crore, according to ICICI Direct.
Demand for Hero MotoCorp is expected to be on an upward trajectory on the back of changing customer preference towards personal mobility, positive rural sentiment and new product launches, especially in the premium segment
Hero sold 18.15 lakh units in the September quarter, a 7 percent year-on-year increase and 222 percent sequential. The company also announced a hike in prices.
Net Sales are expected to increase by 27 percent Y-o-Y (up 223 percent Q-o-Q) to Rs. 9,609 crore, according to ICICI Direct.
Our winning call is on Hero MotoCorp and we continue to repose faith in it. Though its Q1 is weak due to lockdown, the demand continues to recover sharply
HDFC Securities also sees 34 percent decline in profit for the quarter ended March 2020 YoY.
According to CLSA, margin is unlikely to improve further with BS6 costs around the corner.
Most brokerages feel the operating profit is likely to fall more than 25 percent and margin may contract over 100bps YoY in Q2.
Net Sales are expected to decrease by 18.1 percent Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 7,443.1 crore, according to Reliance Securities.
Net Sales are expected to decrease by 18.1 percent Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 7,443.7 crore, according to ICICI Direct.
Company's volumes declined by 12.4 percent YoY to 18 lakh units, but sequentially volumes grew by 3.5 percent.
Overall brokerages expect three-digit decline in operating profit margin for June quarter YoY.
Net Sales are expected to decrease by 7.4 percent Y-o-Y (up 3.5 percent Q-o-Q) to Rs. 8,158 crore, according to Kotak.
Net Sales are expected to decrease by 6.6 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 8,229.3 crore, according to Prabhudas Lilladher.
Majority of brokerages expect profit to decline more than 20 percent due to weak operating income and subdued volume growth