Hero Motocorp Ltd announced its Q1 FY14 results on 24th July 2013. The company's Net sales increased by 0.20% on QoQ but declined by 1.4% on YoY basis. EBITDA declined by 1.2% on YoY basis. EBITDA Margin of the company declined from 15.0% to 14.86% on YoY basis. PAT declined by 4.5% and 10.9% on QoQ and YoY basis respectively.
