Hero MotoCorp Q2 Preview: PAT may rise 10% YoY; higher ASPs, volumes to drive revenue growth

According to an average estimate from four brokerages, quarterly revenue from operations is expected to increase by 9% year-on-year, while net profit may grow by 10%. EBITDA margins are projected to improve by 57 basis points year-on-year, driven primarily by a higher share of premium motorcycle sales, export growth, price hikes, and cost-control efforts. The richer product mix is anticipated to further support the margin expansion.