Hero MotoCorp Q2 Profit Misses Estimates as Costs Rise
Hero MotoCorp reported second-quarter profit after tax of 14.56 billion rupees, missing estimates as rising costs offset resilient motorcycle and scooter demand.
Hero MotoCorp NSE:HEROMOTOCO reported a second-quarter profit that missed estimates on Wednesday, as rising costs offset resilient demand for its motorcycles and scooters.India's largest two-wheeler maker reported a profit after tax of 14.56 billion rupees ($152.96 million) for the three months end…