Hero MotoCorp Achieves Record Profit Amid Strong Sales and Electric Vehicle Growth
Hero MotoCorp posts record profit on strong sales and EV growth
The Economic TimesImage: The Economic Times
Hero MotoCorp, India's largest two-wheeler manufacturer, reported a record profit of ₹1,401 crore for Q4 FY26, marking a 30% increase from the previous year. The company's revenue reached ₹12,797 crore, driven by strong sales and a significant 190% growth in its electric vehicle segment. Overall, the fiscal year saw a net profit of ₹5,268 crore.
- 01Hero MotoCorp's Q4 FY26 profit reached ₹1,401 crore, a 30% increase year-on-year.
- 02Total revenue for the quarter was ₹12,797 crore, up 29% from the previous year.
- 03The company sold 17.14 lakh two-wheelers in Q4 FY26, a 24% increase.
- 04For FY26, net profit grew to ₹5,268 crore, marking the highest ever for the company.
- 05The electric vehicle segment saw a remarkable 190% growth in retail sales.
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Hero MotoCorp, the largest two-wheeler manufacturer in India, reported a record profit of ₹1,401 crore for the fourth quarter ending March 31, 2026, which reflects a 30% increase from the same period last year. The company's revenue from operations surged to ₹12,797 crore, a 29% rise compared to ₹9,939 crore in Q4 FY25. For the entire fiscal year, Hero MotoCorp achieved a net profit of ₹5,268 crore, up 14%, and total revenues reached ₹46,830 crore, marking the highest figures in the company's history. The company sold 17.14 lakh motorcycles and scooters in Q4, representing a 24% increase, and its electric vehicle segment experienced a remarkable 190% growth in retail sales. CEO Harshavaradhan Chitale highlighted that this growth was driven by a strong product portfolio and expanding market share across various segments, including premium motorcycles and scooters. The company also expanded its global presence to 52 countries, with notable growth in Europe and the UK. Hero MotoCorp declared a final dividend of ₹75 per equity share, bringing the total dividend for FY26 to ₹185, reflecting a payout ratio of 9250%.
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The record profits and growth in the electric vehicle segment indicate a positive outlook for the Indian automotive industry, potentially leading to increased job opportunities and investments in sustainable mobility.
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