Shares of Hero MotoCorp, the world’s largest two-wheeler manufacturer, were trading 3.26% lower at ₹4,570.15 on the NSE as of 11:46 a.m. on November 13, 2024, ahead of its Q2 FY25 earnings report scheduled for November 14.
Analysts expect strong year-on-year growth in revenue and profitability, driven by higher volumes, better realizations, and an improved product mix. Major brokerages project a revenue increase of 7-9% year-on-year, with revenue forecasts in the range of ₹10,132.5 to ₹10,274.2 crore. EBITDA margins are also expected to be stable or improve slightly due to effective pricing strategies and cost management. PAT growth is anticipated to be around 10.7%, showcasing resilience in performance despite a cautious demand outlook.
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