{
  "id": 14373158,
  "title": "Hero Motors shares soar 8% as Q2 net profit more than doubles to Rs 10 crore",
  "url": "https://urgent.news/2026/10/14/hero-motors-shares-soar-8-as-q2-net-profit-more-than-doubles-to-rs-10",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T04:01:52.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/hero-motors-shares-soar-8-as-q2-net-profit-more-than-doubles-to-rs-10-crore/articleshow/134931725.cms"
  },
  "original_language": "en",
  "account": "Hero Motors shares surged by 8% to reach a high of Rs 168 on the BSE on Wednesday following the company's impressive Q2 financial results. The July-September quarter of FY27 witnessed a massive 115% year-on-year increase in consolidated net profit, soaring to Rs 10.2 crore from Rs 4.74 crore in the same period last year. Although net profit dipped by over 31% compared to the April-June quarter of FY27, revenue from operations still grew by nearly 25% year-on-year, reaching Rs 319 crore. Total income also rose by more than 22% YoY, reaching Rs 322.64 crore, while total expenses increased by over 19% to Rs 307.06 crore. Moreover, Hero Motors announced its acquisition of an additional 39% stake in subsidiary Hewland Engineering, bringing its stake to 90%. The UK-based subsidiary specializes in designing and manufacturing transmission and drivetrain components for performance automotive, motorsport, EV, and aerospace industries. Despite a muted initial market debut, Hero Motors' shares have skyrocketed by over 118% in under two weeks, hitting a 52-week high of Rs 178.84 on October 5. This surge followed the company's Rs 1,000 crore IPO, which saw strong investor interest, with nearly 7 times the offer size being subscribed.",
  "summary": "Hero Motors shares jumped after the company reported a 115% YoY rise in Q2 FY27 net profit to Rs 10.2 crore. Revenue from operations grew 25% to Rs 319 crore, while total income rose 22% to Rs 322.64 crore. However, net profit fell 31% sequentially, while total expenses increased 19% YoY to Rs 307.06 crore.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Press Journal",
        "title": "Hero Motors Q1 FY27 Net Profit Jumps 147% To ₹9.57 Crore; Revenue Rises 25% To ₹319.32 Crore",
        "url": "https://urgent.news/2026/10/14/hero-motors-q1-fy27-net-profit-jumps-147-to-9-57-crore-revenue-rises",
        "published": "2026-10-14T02:20:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}