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To: Mohan Marette who wrote (8155)10/12/1999 6:04:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Hero Honda H1 net up 54%

herogroup.com

12-10-1999 (Probtiy)

Motorcycle major Hero Honda Motors Ltd has announced a 54.26% increase in net profit for H1/FY2000. Hero Honda?s net profit rose to Rs813mn from Rs527mn recorded during the same period last year. The sales of the company also rose to Rs10.39bn compared to Rs527mn.

Announcing the results, the company?s director Pawan Kant Munjal said that he is targeting motorcycle sales of 700,000 units in the current year and expects its turnover to top Rs20bn.