Hero MotoCorp reported its highest-ever quarterly revenue and normalized PAT. Revenue reached Rs. 12,328 Crore, a 21% increase, while normalized PAT stood at Rs. 1,439 Crore, up by 20%. The company declared an interim dividend of Rs. 110 per share (5500%). They also approved investments in Euler Motors Private Limited and solar power projects.
Financial Highlights
Hero MotoCorp announced strong financial results, marking its highest-ever quarterly revenue. Key highlights from the announcement include:
- Revenue: Reported at Rs. 12,328 Crore, reflecting a 21% growth compared to the same quarter last year.
- Normalized PAT: Stood at Rs. 1,439 Crore, a 20% increase.
- Volume: Sold 16.97 lakh units of motorcycles and scooters in Q3 FY’26, a 16% increase.
- Interim Dividend: Declared an interim dividend of Rs. 110 per share (5500%).
Dividend Details
The Board fixed February 11, 2026, as the record date for determining members’ entitlement for the interim dividend. The payment of the dividend will be completed by March 7, 2026.
Strategic Investments
Hero MotoCorp has approved the following strategic investments:
- Euler Motors Private Limited: Additional investment of Rs. 275 crore.
- Solar Power Wheeling Project (Haridwar): Investment of up to Rs. 3.25 crore.
- Solar Power Wheeling Project (Neemrana, Jaipur): Investment of up to Rs. 4.67 crore.
Leadership Appointment
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.
Operational Performance
The company reported strong performance, driven by the festive season. There was volume growth across its portfolio and new model launches. The ICE scooter segment showed solid growth of 55%. VIDA, Hero MotoCorp’s Emerging Mobility business, achieved 11% market share.
Exports grew by 41%. Revenue from Part, Accessories, and Merchandising (PAM) business reached Rs. 1,673 Crore.
Source: BSE
