Hero MotoCorp Q1 PAT down 16.86% at ₹1,417.93 crore
Hero MotoCorp Ltd. reported a 16.86% decline in consolidated profit after tax to ₹1,417.93 crore for Q1 ended June 30. The drop is attributed to a high base effect from the previous year, which included a one-time gain of ₹722 crore from share dilution. The company faces challenges as it navigates this decline in profitability.