Monday, January 25, 2010

Hero Honda Q3 FY10 PAT up 78%

Hero Honda is likely to report a 72% rise in profit after tax for the third quarter ended December 31, 2009, at Rs 515.6 crore from Rs 300 crore in the third quarter ended December 31, 2008, according to Bloomberg UTV estimates.

 Net sales for the third quarter ended December 31, 2009, are seen up 31% at Rs 3779 crore from Rs 2874 crore in the corresponding quarter of the previous year.

 Hero Honda (YoY) Q3FY10 Preview
   Net sales up 33% at Rs 3814 cr vs Rs 2874 cr
   PAT up 78% at Rs 536 cr vs Rs 300 cr
   EBITDA up 585 at Rs 648 cr vs Rs 410 cr
   OPMs up 270 bps at 17% vs 14.3%
Source & Full Article BloombergUTV

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