Now Reading: Hero MotoCorp revenue jumps 35%, profit falls in Q1
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Hero MotoCorp revenue jumps 35%, profit falls in Q1
Hero MotoCorp reported a 35% rise in operating revenue to Rs 13,126.35 crore for the quarter ended June 30, 2026. The company’s consolidated net profit fell 17.2% year on year to Rs…
The Story in Brief
Hero MotoCorp reported a 35% rise in operating revenue to Rs 13,126.35 crore for the quarter ended June 30, 2026. The company’s consolidated net profit fell 17.2% year on year to Rs 1,412.36 crore, as expenses rose faster than revenue. It also booked an exceptional Rs 119 crore cost linked to implementing the New Labour Code.
The Economic Times reports growth across premium motorcycles, electric mobility and overseas business. VIDA sales rose 151%, the global business grew 63% and Harley-Davidson sales increased 105%. LiveMint reports 16.77 lakh motorcycle and scooter sales, up 23%, while Hero shares climbed 4.5% to Rs 5,800. LiveMint puts net profit at Rs 1,418 crore and says adjusted profit rose 29%, showing a difference in reported figures and treatment of exceptional items.
The Indian Opinion
The easy story is that strong sales automatically mean a strong quarter. They do not. Hero’s revenue and volumes grew, but expenses outpaced revenue and reported profit declined. The bullish stock reaction reflects hopes around premium models, electric scooters and exports, while the profit figures deserve closer scrutiny because the two reports differ and exceptional items affect comparisons. The next test is whether margins improve without slowing the 23% rise in vehicle sales.
Sources (2): auto.economictimes.indiatimes.com, livemint.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
