Hero MotoCorp announced a 21% surge in revenue to ₹12,328 Crore for Q3 FY26 (October-December), driven by robust sales. Normalized PAT rose by 20% to ₹1,439 Crore. The company declared an interim dividend of ₹110 per share. Strong festive season sales and new model launches underpinned the performance. The company sees continued positive momentum in its EV and global businesses.
Financial Performance Highlights
Hero MotoCorp reported strong financial results for Q3 FY26 (October-December 2025):
- Revenue from Operations: Increased by 21% to ₹12,328 Crore, compared to ₹10,211 Crore in the corresponding quarter of the previous year.
- Normalized Profit After Tax (PAT): Grew by 20% to ₹1,439 Crore before exceptional items.
- EBITDA: Stood at ₹1,810 Crore, reflecting a growth of 23%.
The company delivered a 16% year-on-year volume growth, spurred by the festive season and new model introductions.
Interim Dividend Announcement
The Board of Directors declared an interim dividend of ₹110 per equity share (face value of ₹2 per share), demonstrating the company’s commitment to shareholder returns.
Business Updates and Investments
Hero MotoCorp continues to expand its global footprint, successfully entering European markets including Italy, Spain and France. The company also invested an additional ₹275 crore in Euler Motors Private Limited. Additionally, there will be investments of up to ₹3.25 crore and ₹4.67 crore in solar power projects for plants in Haridwar and Neemrana, respectively.
Leadership Changes
Mr. Prabhat Singh has been appointed as the Company Secretary and Compliance Officer, effective February 5, 2026.
Impact of New Labour Codes
The company has made an additional provision of ₹119 crores due to the implementation of the new Labour Codes, reported as an exceptional item.
Source: BSE
