New Delhi, April 19: The country’s largest two-wheeler maker Hero Honda on Monday reported a jump of 48.9 per cent in its profit at Rs 598.8 crore for the quarter ended March 31, 2010.
The total turnover in the last quarter of 2009-10 also increased by 20.2 per cent to Rs 4,122.32 crore from that in the year-ago period, the company said.
During the January-March period, the company sold 11,86,536 units, up 18.9 per cent from the same period in the previous fiscal.
For the entire 2009-10 financial year, the profit soared by 74.1 per cent to Rs 2,231.83 crore, Hero Honda added.
The total turnover in the last fiscal stood at Rs 15,860.51 crore, up 28.1 per cent compared to that in 2008-09, the company, which is also the world’s largest two-wheeler maker, said.
The company also declared a final dividend of 1500 per cent or Rs 30 per share on each share of Rs 2.
During FY 2010, the company’s total sales increased by 23.6 per cent to 46,00,130 units.
The company, which had set a target of selling 40 lakh units in 2009-10, had launched nine new models and variants across segments in last fiscal.
–Agencies