WebinarsNew
Deep DiveNew
Explore Business Standard
India's largest two-wheeler maker Hero MotoCorp on Wednesday reported a 42 per cent year-on-year rise in consolidated profit after tax for the second quarter of the current fiscal. The company's consolidated profit for the quarter came in at Rs 1,861 crore, against Rs 1,308 crore in the year-ago period, according to a regulatory filing. Revenue from operations increased to Rs 14,971 crore, up 23 per cent from Rs 12,218 crore a year ago. "Results for the quarter and half-year include a Rs 397 crore gain from the equity consolidation of an associate company, following its capital raise via a Qualified Institutional Placement and Private Placement," the company said. Revenue was largely driven by volumes. Hero MotoCorp dispatched a total of 18.68 lakh motorcycles and scooters, registering a 10 per cent growth year-on-year. The scooter segment recorded a 47 per cent growth to 2.40 lakh units in the September quarter of FY27. VIDA electric scooter volumes rose 76 per cent year-on-year
Two-wheeler maker Hero MotoCorp Ltd has reported a 16.86 per cent decline in consolidated profit after tax to Rs 1,417.93 crore in the first quarter ended June 30 due to high base effect. The company had posted a consolidated net profit of Rs 1,705.65 crore in the corresponding period of previous fiscal. The previous year PAT included a onetime gain of Rs 722 crore on account of dilution of the company's share of investment in associates consequent to public issue and private placement, Hero MotoCorp said in a statement. Consolidated revenue from operations in the first quarter stood at Rs 13,126.35 crore as against Rs 9,727.75 crore in the year-ago period, the company said in a regulatory filing on Thursday. During the quarter, the company sold 16.77 lakh motorcycles and scooters, registering a 23 per cent year-on-year growth over the corresponding quarter of the previous year, Hero MotoCorp said. Total expenses in the quarter under review rose to Rs 11,621.48 crore as compared
Two-wheeler market leader Hero MotoCorp on Saturday reported an 18.6 per cent rise in total sales at 5,33,416 units in July 2026 as compared to 4,49,755 units in the same month last year. Domestic sales were at 5,01,403 units last month as compared to 4,12,397 units in July 2025, up 21.6 per cent, Hero MotoCorp said in a statement. Motorcycle sales were at 4,68,565 units last month as against 4,00,615 units in July 2025. Scooter sales were also higher at 64,851 units as against 49,140 units in the year-ago month. Exports were down 14.3 per cent at 32,013 units as against 37,358 units in the year-ago month, it added.