Hero MotoCorp Profit, Income up in 2014-15

Chennai, May 7 (IANS) Two wheeler major Hero MotoCorp Ltd on Thursday said it closed last fiscal with a net profit of Rs.2,385.64 crore up from Rs.2,109.08 crore posted during 2013-14.

The company’s board recommended a final dividend of Rs.30 per equity share of Rs.2 each. In a regulatory filing in BSE, the company said its total income went up from Rs.25,721.85 crore in 2013-14 to Rs.28,078.04 crore in 2014-15. The company had already declared and paid an interim dividend of Rs.30 per equity share.