SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS FLASH L impact

BUZZ — India's Hero Motors rises on strong June quarter results

* Shares of India's Hero Motors rise 6.3% to 164.98 rupees * Stock on track to snap four straight sessions of losses * Automotive technology co says quarterly consolidated revenue grew 25% Y/Y to 3.19 billion rupees ($33.6 million) from 2.56 billion rupees a year ago * Consolidated net profit rose 117% Y/Y to 102 million rupees from 47.4 million rupees * ICICI Direct Research says co reported healthy results with EBITDA margins at 11.2% ($1 = 95.0000 Indian rupees) (Reporting by Anushka Rajvedi in Bengaluru) ((mailto: anushka.rajvedi@thomsonreuters.com)

HERT.NS