Hero MotoCorp on Thursday said it has appointed Kausalya Nandakumar as Chief Business Officer - Emerging Mobility Business Unit, with immediate effect. In this role, Nandakumar will report to Pawan Munjal, Executive Chairman, and will be responsible for steering the strategic direction and growth of Hero MotoCorp's Emerging Mobility business - Vida -- as the company accelerates its transformation towards sustainable, future-ready mobility solutions. Nandakumar brings nearly two decades of leadership experience spanning the automotive, electric mobility, digital innovation, and social impact sectors, Hero MotoCorp said in a regulatory filing. Most recently, as Chief Operating Officer of Mahindra Electric Automobile Ltd, she led the operational readiness and go-to-market strategy for the company's electric SUV business valued at USD 9.8 billion, it added. Earlier in her career, she headed Business Transformation for Mahindra's Farm Division and was instrumental in building Krish-e -
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Hero MotoCorp's (HMCL) June '25 sales grew 10 per cent Y-o-Y to 556,000 units in a positive surprise but Q1FY26 volumes were down 11 per cent Y-o-Y
Tractors emerged as the lone outperformer, posting a robust 10 per cent Y-o-Y rise, ahead of Nomura's 6 per cent projection.
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The company will issue fresh shares worth up to ₹800 crore while its existing shareholders will sell shares worth up to ₹400, the draft prospectus showed
For HMCL, and the two-wheeler sector, there are multiple triggers, which should help it to post a mid-to-high single-digit growth for 2025-26 (FY26)
Nomura said Hero MotoCorp will be hit hardest, with 99 per cent of its sales from sub-125cc bikes. Honda India follows at 89 per cent, TVS Motor at 86 per cent, and Bajaj Auto at 72 per cent.
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The overall sales trend since May 2022 shows fluctuating monthly volumes, with repeated seasonal spikes around September and October in Hero's domestic wholesale sales
Analysts estimate a 4 to 7 per cent rise in FY26, driven by product innovation, supportive policy frameworks, and increasing mobility needs in emerging markets
Analysts at Nomura also flagged a looming production risk starting June, arising from China's export restrictions on rare earth magnets-used across both EV and ICE components.
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has received Sebi's go-ahead to float a Rs 3,668 crore Initial Public Offering (IPO), an update with the markets regulator showed on Wednesday. The proposed IPO is a combination of fresh issue of equity shares worth Rs 2,100 crore and an Offer For Sale (OFS) of Rs 1,568 crore by investor shareholders, according to the Draft Red Herring Prospectus (DRHP). Those selling shares in the OFS are -- AHVF II Holdings Singapore II Pte. Ltd, Apis Growth II (Hibiscus) Pte. Ltd, Link Investment Trust (through Vikas Srivastava) and Otter Ltd. As per the update, Hero FinCorp, which filed its preliminary IPO papers with Sebi in August, obtained its observations on May 22. In Sebi's parlance, obtaining observations means its go-ahead to launch the public issue. Going by the draft papers, proceeds from the fresh issue will be used to increase the company's capital to meet future funding needs for lending ...
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Hero MotoCorp aims to break even in its EV business by reaching 25,000-30,000 monthly unit sales, with FY25 sales up 175% and EBITDA improving to -95%
At 02:47 PM; the BSE Auto index, the second largest gainer among sectoral indices, was up 2 per cent, as compared to 1.5 per cent rise in the BSE Sensex.
Export surge and electric scooter demand lift Hero MotoCorp's FY25 profit by 16.9 per cent to ₹4,376 crore, even as domestic sales show modest growth
Hero MotoCorp Q4 FY25 result: The company has recommended a final dividend of ₹65 per share
Q4 FY25 company results: GAIL (India), Aditya Birla Capital, and GlaxoSmithKline Pharmaceuticals will also be releasing their Jan-March quarter results on May 13
On the bourses, Hero MotoCorp shares were in demand, with the scrip rising up to 2.70 per cent to hit an intraday high of Rs 3958.40 per share.