Tuesday 9 June 2020

COVID-19 impact visible in Hero Q4 growth; Experts estimate a major downturn in the next months by ET NOW

COVID-19 impact visible in Hero Q4 growth; Experts estimate a major downturn in the next months

Video description:
Hero Moto Corp has announced its numbers for the Q4, the numbers show the performance being impacted by COVID-19. The transition is also likely to hurt Hero’s profit margin and earnings going forward into the next quarter. An expected degrowth rate of almost 29% is being estimated by experts, the revenue figure being factored in is of 6,120 crores. Ebitda and margin percentage are both down by a significant rate. Volumes have seen a sharp drop in the quarter gone by becoming a major factor which could hurt the numbers this time around. Watch this video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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