Hero MotoCorp fourth-quarter profit rises 35pc, beats estimate

Hero MotoCorp Ltd, the world's largest selling two-wheeler maker, reported a better-than-expected 35 percent rise in quarterly profit on Wednesday.

Profit rose to 9.67 billion rupees ($145.08 million) in the three months ended March 31, from 7.18 billion rupees a year ago, the company said in a statement here.