Two Wheeler Sales

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

The monsoon shortfall raises concerns over farm incomes, and price increases by manufacturers add to the cost of vehicle ownership

Ola Electric shares declined over 3 per cent after the board's nod to raise ₹1,000 crore via a rights issue.

Ola shares remain 4 per cent higher in 2026 so far, but have lost 30 per cent in a year.

Bajaj Auto share price hit a 52-week high of ₹12,470 in Tuesday's intra-day deals, and appreciated by 31% from its three-month low of ₹9,505, hit on June 30, 2026.

Bajaj Auto sold 474,677 vehicles in July, up 30 per cent year-on-year, as exports surged 39 per cent and domestic volumes increased 20 per cent

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Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.

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Strong overseas demand and easing shipping disruptions sustain export momentum

Two-wheeler maker Hero MotoCorp on Wednesday reported a 2.3 per cent decline in total dispatches to dealers at 5,41,159 units in June as compared to 5,53,963 units in the same month last year. Domestic sales were down at 5,02,890 units last month as against 5,25,136 units in the year-ago period, Hero MotoCorp said in a regulatory filing. Exports were, however, up at 38,269 units as compared to 28,827 units in the same month last year. Motorcycle sales in June were down at 4,78,701 units as compared to 5,12,658 units in the year-ago month, while scooter sales were up at 62,458 units as compared to 41,305 units in June 2025. VIDA, the company's emerging mobility business unit, delivered strong retail performance in June 2026 with 21,812 VAHAN registrations, growth of 185 per cent year-on-year, it added. The company said it posted a 23 per cent year-on-year growth in dispatches to dealers at 16.8 lakh units in the first quarter of FY27, as compared to 13.67 lakh units in the year-ago

India's only CNG bike maker Bajaj Auto sees demand sputter as the petrol-CNG price gap narrows

The Indian two-wheeler industry will witness moderate wholesale volume growth of 3-5 per cent in FY27, as the sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases, ratings agency ICRA said on Friday. The country's two-wheeler industry continues to demonstrate resilience, supported by improving domestic demand, healthy retail momentum, and sustained export growth, ICRA said in its latest sector update. The growth is expected to remain supported by improved affordability arising from GST rationalisation and replacement demand. Yet, ICRA said, "The sector could face challenges from a high base effect, a potentially weak monsoon due to El Nino, and inflation-led vehicle price increases." Despite supportive domestic demand drivers, geopolitical tensions in West Asia remain a key monitorable, as any escalation could disrupt supply chains and impact industry cost structures, it added. Domestic wholesale

Inventory replenishment, resilient demand for premium models and stronger exports helped India's leading two-wheeler manufacturers record healthy growth in May

The company posted a net loss of ₹100.2 crore in Q4 FY26, compared with a loss of ₹234.3 crore in the year-ago period

Replacement demand recovery is expected to support near-term growth, while rising electrification and changing consumer preferences may drive scooters to overtake motorcycles in the long run

Two-wheeler makers post strong FY26 growth led by rural recovery, scooter demand and premium motorcycles, though FY27 outlook may soften amid global headwinds

Fuel price fears amid West Asia tensions push electric two-wheeler penetration to 9.7%, as fence-sitters shift to EVs

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However, month-on-month, there was a decline over January's high base