Hero MotoCorp has posted a 35.35% YoY increase in net profit at Rs.967.40 crore, for the quarter ended March 31,2018.

The company has reported a net profit of Rs.714.75 crore in the year ago quarter. Revenues for the quarter were reported Rs.8,564.04 crore up 14.25% YoY, against Rs.7,495.68 crore in the same quarter last year.

The EBITDA margin for the quarter came in at 16%, and it has sold 20,01,595 units during the quarter. Furthermore, the board has recommended final dividend of Rs.40 per equity share for FY18, and will be paid by August 23, if declared at the upcoming annual general meeting.

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