IANS | 11 Feb, 2024
Auto major Hero MotoCorp on Friday reported a 51 per cent surge in
net profit to Rs 1,073 crore for the October-December quarter of the
current financial year.
The two-wheeler manufacturer’s revenue from operations grew 21 per cent year-on-year in the quarter to Rs 9,724 crore.
The
company's board has recommended an interim dividend of Rs 75 a share
for the current financial year, and a special dividend of Rs 25 per
share, taking the overall interim dividend to Rs 100 per equity share
for the financial year 2023-24, marking the centennial year of Chairman
Emeritus Dr. Brijmohan Lall Munjal, the company said in an exchange
filing.
The Board has fixed February 21, 2024 as record date for
determining entitlement of members for the purpose of payment of interim
and special dividend, the company said.
