Hero MotoCorp Limited NSE Symbol:HEROMOTOCO, BSE Security Code:500182 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.
Revenue Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
96.07 | 31.19 | 78.25 | 127.26 | 162.36 |
Calculated Revenue of Hero MotoCorp Limited for Second Quarter FY, 2020-21 | |||||
Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
Change | Change % | Change | Change % | Change | Change % |
64.88 | 208.02%(Revenue Increase) | 17.82 | 22.77%(Revenue Increase) | 35.10 | 21.62%(Revenue Decrease) |
Revenue: Hero MotoCorp Limited's financial report shows that the company's revenue increased by 208.02% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.64.88 billions, as the company posted revenue of Rs.96.07 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.31.19 billions.
The result also shows that the company's revenue increased by 22.77% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue increase of Rs.17.82 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.78.25 billions.
The company also reported that its revenue decreased by 21.62% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.35.10 billions, since the company reported revenue of Rs.127.26 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.162.36 billions.
Gross Margin(%) Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
29.63 | 41.72 | 25.91 | 32.52 | 27.98 |
Calculated Gross Margin(%) of Hero MotoCorp Limited for Second Quarter FY, 2020-21 | |||||
Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
Change | Change % | Change | Change % | Change | Change % |
12.09 | 28.98%(GM Decrease) | 3.72 | 14.36%(GM Increase) | 4.54 | 16.22%(GM Increase) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 28.98% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 12.09% GM decrease, as the company reported 29.63% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 41.72% GM.
The result also indicates, the company's GM increased by 14.36% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 3.72% GM increase; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 25.91% GM.
The company also reported that its GM increased by 16.22% in 6 months end(April, 2020 - September, 2020) for 4.54% GM increase, since the company reported 32.52% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 27.98% GM.
EBITDA Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
14.28 | 2.69 | 12.63 | 17.24 | 34.06 |
Calculated EBITDA of Hero MotoCorp Limited for Second Quarter FY, 2020-21 | |||||
Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
Change | Change % | Change | Change % | Change | Change % |
11.59 | 430.86%(EBITDA Increase) | 1.65 | 13.06%(EBITDA Increase) | 16.82 | 49.38%(EBITDA Decrease) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 430.86% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.11.59 billions, as the company posted EBITDA of Rs.14.28 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.2.69 billions.
The result also shows that the company's EBITDA increased by 13.06% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA increase of Rs.1.65 billions; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.12.63 billions.
The company also reported that its EBITDA decreased by 49.38% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.16.82 billions, since the company reported EBITDA of Rs.17.24 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.34.06 billions.
Profit and Loss Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
9.37(Profit ) | 0.58(Profit ) | 8.84(Profit ) | 10.22(Profit ) | 21.40(Profit ) |
Calculated Profit and Loss of Hero MotoCorp Limited for Second Quarter FY, 2020-21 | |||||
Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
Change | Change % | Change | Change % | Change | Change % |
8.79 | 1515.52%(Profit Increase) | 0.53 | 6.00%(Profit Increase) | 11.18 | 52.24%(Profit Decrease) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 1515.52% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit increase of Rs.8.79 billions, as the company posted profit of Rs.9.37 billions; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.0.58 billion.
The result also shows that the company's profit increased by 6.00% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit increase of Rs.0.53 billion; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.8.84 billions.
The company also reported that its profit decreased by 52.24% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.11.18 billions, since the company reported profit of Rs.10.22 billions; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.21.40 billions.
EPS Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
47.99 | 2.96 | 44.25 | 50.95 | 107.17 |
Calculated EPS of Hero MotoCorp Limited for Second Quarter FY, 2020-21 | |||||
Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
Change | Change % | Change | Change % | Change | Change % |
45.03 | 1521.28%(EPS Increase) | 3.74 | 8.45%(EPS Increase) | 56.22 | 52.46%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 1521.28% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS increase of Rs.45.03, as the company posted EPS of Rs.47.99; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.2.96.
The result also shows that the company's EPS increased by 8.45% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS increase of Rs.3.74; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.44.25.
The company also reported that its EPS decreased by 52.46% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.56.22, since the company reported EPS of Rs.50.95; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.107.17.
Assets Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Details | Non-current Assets | Current Assets | ||
Current Year Ended(September, 2020) | Previous Year End(March, 2020) | Current Year Ended(September, 2020) | Previous Year End(March, 2020) | |
Reported | 102.32 | 110.25 | 127.28 | 86.49 |
Change | Change % | Change | Change % | |
Calculated | 7.93 | 7.19%(Assets Decrease) | 40.79 | 47.16%(Assets Increase) |
Assets:The company reported its non-current assets decreased by 7.19% in current quarter(September, 2020) for non-current assets decrease of Rs.7.93 billions, since the company reported net non-current assets of Rs.102.32 billions; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.110.25 billions.
The balance sheet of the company also shows that, its current assets increased by 47.16% in current quarter(September, 2020) for current assets increase of Rs.40.79 billions, as the company reported net current assets of Rs.127.28 billions; against previous year end(March, 2020) when the company reported net current assets of Rs.86.49 billions.
Liabilities Reported by Hero MotoCorp Limited for Second Quarter FY, 2020-21 | ||||
Details | Non-current Liabilities | Current Liabilities | ||
Current Year Ended(September, 2020) | Previous Year End(March, 2020) | Current Year Ended(September, 2020) | Previous Year End(March, 2020) | |
Reported | 8.87 | 8.48 | 70.17 | 42.79 |
Change | Change % | Change | Change % | |
Calculated | 0.39 | 4.60%(Liabilities Increase) | 27.38 | 63.99%(Liabilities Increase) |
Liabilities:The company reported its non-current liabilities increased by 4.60% in current quarter(September, 2020) for non-current liabilities increase of Rs.0.39 billion, since the company reported net non-current liabilities of Rs.8.87 billions; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.8.48 billions.
The balance sheet of the company also shows that, its current liabilities increased by 63.99% in current quarter(September, 2020) for current liabilities increase of Rs.27.38 billions, as the company reported net current liabilities of Rs.70.17 billions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.42.79 billions.
***All amounts are given in Billion Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.
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