Hero FinCorp releases its Financial for Q3 FY24

Hero FinCorp released its financials for quarter ended December 31, 2023. The company reported a growth of 29% in its revenues from Rs 1,552.4 Cr in Q3 FY23 to Rs 1,998.2 Cr in Q3 FY24. The net profit of the company grew by 128% from Rs 87.8 Cr in Q3 FY23 to Rs 200.4 Cr in Q3 FY24. The Net Worth of the company has shown a growth of 11% increasing from Rs 5,061.8 Cr in Q3 FY23 to Rs 5,638.9 Cr in Q3 FY24. The Debt Equity Ratio of the company has increased too by 11% from 6.3 in Q3 FY23 to 7.0 in Q3 FY24