Hero Motors Q1 FY27 Net Profit Jumps 147% To ₹9.57 Crore; Revenue Rises 25% To ₹319.32 Crore

Hero Motors Limited announced a dramatic 147% jump in net profit for the first quarter of the fiscal year 2027, ending June 30, 2026. The company's net profit soared to ₹9.57 crore, up from ₹3.88 crore in the same period last year. Revenue from operations also rose 25% to ₹319.32 crore, compared to ₹255.74 crore in Q1 FY26.

The company's total income increased to ₹322.64 crore, while total expenses rose to ₹307.06 crore. Profit before tax surged 141% to ₹15.59 crore, up from ₹6.46 crore in the previous quarter. Total tax expenses amounted to ₹6.02 crore, compared to ₹2.59 crore.

On a quarter-on-quarter basis, consolidated net profit declined 32.6% from ₹14.20 crore in the March 2026 quarter. Revenue from operations fell 1% from ₹322.53 crore. Profit before tax dropped 27.3% from ₹21.44 crore. The Powertrain Solutions segment reported revenue of ₹170.53 crore, up from ₹135.54 crore. Its segment result increased to ₹33.50 crore, up from ₹18.11 crore.

The Alloy and Metallics segment recorded revenue of ₹165.91 crore, compared to ₹127.89 crore. Its segment loss narrowed to ₹2.55 crore, down from ₹3.66 crore. Segment revenue figures include inter-segment transactions before elimination. The board approved an increase in the stake in its UK subsidiary, Hewland Engineering Limited, from 51% to 90%.

Hero Motors completed its initial public offering on September 23, 2026, and listed on the BSE and NSE. The company's unaudited financial results have been reviewed by Deloitte Haskins & Sells LLP, who noted certain financial information of overseas subsidiaries converted to Ind AS by management, but concluded that the review did not need modification.