Hero MotoCorp (NSE:HEROMOTOCO) Other Income (Minority Interest) : ₹27 Mil (TTM As of Mar. 2024)

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What is Hero MotoCorp Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Hero MotoCorp's Other Income (Minority Interest) for the three months ended in Mar. 2024 was ₹-85 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹27 Mil.

Hero MotoCorp Other Income (Minority Interest) Historical Data

The historical data trend for Hero MotoCorp's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hero MotoCorp Other Income (Minority Interest) Chart

Hero MotoCorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Other Income (Minority Interest)

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-213.00

-183.00

-121.70

100.60

26.70

Hero MotoCorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-56.80	95.60	-7.30	22.90	-84.50

Hero MotoCorp Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹27 Mil.

Hero MotoCorp (NSE:HEROMOTOCO) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Hero MotoCorp (NSE:HEROMOTOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (NSE:HEROMOTOCO) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

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