Hero Fincorp released it financials for Q4 FY24

06 May 2024

Hero FinCorp released its financials for quarter ended March 31, 2024. The company reported a growth of 28% in its revenues from Rs 1,780 Cr in Q4 FY23 to Rs 2,280 Cr in Q4 FY24. The net profit of the company declined by -40% from Rs 226 Cr in Q4 FY23 to Rs 135 Cr in Q4 FY24. The Net Worth of the company has shown a growth of 10% increasing from Rs 5,243 Cr in Q4 FY23 to Rs 5,766 Cr in Q4 FY24. The Debt Equity Ratio of the company has increased too by 15% from 7 in Q3 FY24 to 8 in Q4 FY24