Hero MotoCorp reports that its consolidated profit after tax (PAT) for the first quarter declines by about 16.9% year-on-year to roughly ₹1,418 crore, according to company disclosures cited by multiple outlets. The Hindu reports PAT at ₹1,417.93 crore, while Business Line puts it at ₹1,418 crore, with both figures indicating a similar percentage fall of around 16.86%–16.9%. Both sources refer to year-on-year comparison versus the prior-year quarter. Business Line adds that consolidated revenue from operations for the quarter totals ₹13,126.35 crore, compared with ₹9,727.75 crore in the year-ago period. The Hindu further notes that the year-ago PAT included a one-time gain of about ₹722 crore related to the dilution of the company’s investment in associates following a public issue and private placement. This one-off item affects the year-on-year PAT comparison, while revenue from operations rises in the current quarter versus the prior-year quarter.