Hero Honda: Continues to impress (Subscriber Feature)
Posted by yogi11 184 days ago http://www.equitymaster.com
Topline grows 33% YoY for the quarter led by 30% growth in volumes.
Operating margins zoom to 17.3%, a jump of nearly 300 basis points, leading to a strong 59% growth in operating profits.
Bottomline growth comes in at even more impressive 78% as lower tax charges further add to the buoyancy.
Bottomline growth for the nine month period comes in at 86% YoY, led by 31% growth in topline.... [Read More]
Operating margins zoom to 17.3%, a jump of nearly 300 basis points, leading to a strong 59% growth in operating profits.
Bottomline growth comes in at even more impressive 78% as lower tax charges further add to the buoyancy.
Bottomline growth for the nine month period comes in at 86% YoY, led by 31% growth in topline.... [Read More]