Hero MotoCorp announced a strong financial performance for Q3 FY’26, with revenue reaching ₹12,328 Crore, a 21% increase. Normalized PAT stood at ₹1,439 Crore, up by 20%. The company declared an interim dividend of ₹110 per share. Key investments include ₹275 crore in Euler Motors. Mr. Prabhat Singh has been appointed as Company Secretary and Compliance Officer, effective February 5, 2026.
Key Financial Highlights
Hero MotoCorp reported a revenue from operations of ₹12,328.38 crore for Q3 FY’26 (October-December 2025), marking a 21% increase compared to ₹10,210.78 crore in the same quarter of the previous fiscal year. The company’s strong performance was supported by a 16% increase in two-wheeler sales, with 16.97 lakh units sold during the quarter.
The Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) for Q3 FY’26 stood at ₹1,810 Crore, reflecting a growth of 23%. The Normalized Profit After Tax (PAT) before exceptional items was reported at ₹1,439 Crore, a 20% increase.
Dividend Announcement
The Board of Directors has approved an interim dividend of ₹110 per equity share (face value of ₹2 per share), which amounts to 5500%, for the financial year 2025-26. The record date for determining entitlement to the dividend is set as February 11, 2026, with payment scheduled to be completed by March 7, 2026.
Strategic Investments
The company will make an additional investment of ₹275 crore in Euler Motors Private Limited, executed in one or more tranches. Hero MotoCorp also approved investments of up to ₹3.25 crore in a solar power wheeling project for the company’s plant at Haridwar, and up to ₹4.67 crore for the Neemrana plant, Jaipur, under the Group Captive Mechanism.
Leadership Changes
Mr. Prabhat Singh has been appointed as the Company Secretary and Compliance Officer, effective February 5, 2026. He will also serve as the Nodal Officer of the company.
Exceptional Item
The company has accounted for an exceptional expense of ₹119 crore due to the implementation of new labor codes.
Source: BSE
