Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced its financial results for the first quarter of FY26 (April–June 2025), delivering steady standalone performance and a sharp rise in consolidated profit, aided by a significant one-time gain.
On a standalone basis, revenue from operations stood at ₹9,579 crore, a 2.9% increase over ₹9,310 crore reported in the same quarter last year. Profit After Tax (PAT) was nearly flat at ₹1,126 crore, compared to ₹1,123 crore in Q1 FY25. EBITDA came in at ₹1,382 crore, maintaining a margin of 14.4%, unchanged from the previous year. Profit Before Tax (PBT) was ₹1,487 crore, slightly lower than the ₹1,494 crore posted a year ago.
Consolidated revenue from operations for the quarter rose 4.4% year-on-year to ₹9,728 crore, while consolidated PAT surged 65% to ₹1,706 crore, up from ₹1,032 crore in the previous year. This included a one-time gain of ₹722 crore resulting from the dilution of Hero MotoCorp’s stake in its associate companies through a public issue and private placement. Consolidated PBT also jumped 51% year-on-year to ₹2,126 crore. The consolidated EBITDA margin improved to 14.5% from 14.3% last year.
Hero MotoCorp sold 13.67 lakh units of motorcycles and scooters during the quarter. In the 125cc scooter segment, the Destini 125 and Xoom 125 were strong contributors to performance. In the 100cc motorcycle category, the company expanded its popular HF Deluxe lineup with the launch of the HF Deluxe Pro.
The company’s electric mobility business under the VIDA brand saw key developments. VIDA launched a subscription-based Battery-as-a-Service (BaaS) model starting July 1, 2025, and introduced a new electric two-wheeler, the EVOOTER VX2. A national television and digital campaign titled ‘Charging Simple Hai’ aired during the IPL season to promote VIDA’s removable battery technology.
Hero MotoCorp also made significant strides in international markets. In Sri Lanka, the company launched four new models in partnership with long-standing distributor Abans Auto: the Xoom 110 scooter, Hunk 160R 4V, Xtreme 125R, and HF Deluxe.
The company noted that its global operations continued to outperform broader industry trends, backed by a growing presence and expanding product portfolio.
On the retail front, Hero MotoCorp inaugurated new Hero Premia Stores in Murshidabad, Nashik, Muzaffarpur, and Bangalore—bringing the total number of these premium outlets to 100 across India. The company also executed a planned production pause during the quarter, which impacted dispatch volumes, though operations have since normalized.
In its brand and sports initiatives, Hero MotoCorp entered into a three-year global partnership with professional golfers Akshay Bhatia and Sahith Theegala. Additionally, its motorsport division, Hero MotoSports Team Rally, inducted Austrian rider Tobias Ebster into its international team.
Commenting on the results, Vivek Anand, Chief Financial Officer, said, “Our profitability and margins remained resilient, supported by strong demand for our entry and deluxe motorcycles and 125cc scooters. We are witnessing good traction in electric mobility through VIDA, and our global operations are ahead of the industry curve. With positive customer sentiment, the upcoming festive season, and a strong pipeline of new launches, we are confident of sustaining growth in the coming quarters.”