Hero MotoCorp Q2 Results: Net Profit Jumps 41% To ₹1,861 Crore As Revenue Rises 23%

Hero MotoCorp announced a significant 41% jump in net profit for the second quarter of 2026, with consolidated profits soaring to ₹1,860.55 crore. This marked a sharp rise from ₹1,320.98 crore in the same period last year. Revenue also grew 23% to ₹14,970.50 crore, driven by strong sales of two-wheelers and advancements in scooter, electric mobility and international markets. The profit before tax saw a notable increase to ₹2,361.39 crore, despite higher total expenses climbing 25% to ₹13,227.99 crore.

On a standalone basis, the net profit increased by 5% to ₹1,456.22 crore, while revenue from operations rose 21% to ₹14,687.43 crore. The company's EBITDA expanded by 8% year-on-year to ₹1,968 crore, with an EBITDA margin of 13.4%. Compared to the previous quarter, consolidated net profit surged 31% from ₹1,417.93 crore. In the first half of fiscal 2027, revenue grew 28% to ₹28,096.85 crore, and net profit rose 8% to ₹3,278.48 crore.

During the quarter, Hero MotoCorp sold 18.68 lakh motorcycles and scooters, marking a 10% year-on-year increase. The scooter portfolio expanded by 47% to 2.40 lakh units, and the electric mobility brand VIDA saw a 76% growth in retail sales to 66,531 units. The company's parts, accessories and merchandising business also reported a 27% revenue increase to ₹1,941 crore.

The board approved an additional investment of up to ₹300 crore in HMCL Netherlands B.V., a wholly-owned subsidiary in Colombia and Brazil, to bolster operations in those regions. This information is based on unaudited financial results filed by Hero MotoCorp and should not be considered as investment advice.