Two-wheeler major Hero MotoCorp on August 6 reported flat net profit at Rs 1,126 crore for the quarter ended June 30, 2025 as against Rs 1,123 crore a year ago. However, the firm beat estimates as a Moneycontrol poll of eight brokerage firms pegged the net profit at Rs 1,054 crore.
However, the firm's revenue declined 5.5% to Rs 9,579 crore in Q1FY26 as against Rs 10,144 crore in Q1FY25.
On August 6, Hero MotoCorp's shares closed 1.7% lower at Rs 4,470 apiece.
Vivek Anand, Chief Financial Officer, said, “Our profitability and margins remained resilient, supported by strong demand for our entry and deluxe motorcycles and 125 cc scooter segments. We are witnessing good traction in our electric mobility business (VIDA), and global operations also remained ahead of industry, reflecting the strength of our brand in international markets. With favourable customer sentiment, upcoming festive season and a robust pipeline of new product launches, we are confident of sustaining and driving growth in the coming quarters.”
The company said it continued to see steady momentum in its electric mobility business under the VIDA brand, reinforcing its position in the evolving EV segment. Global business operations also outperformed industry trends, driven by growth in key international markets and an expanding portfolio across both premium and commuter motorcycles, it said in a stock exchange filing.
"Retail demand in Q1 remained steady, reflected in higher VAHAN registrations. With the upcoming festive season and a robust line-up of new products, the company expects demand to remain healthy in the coming quarters," the company added.
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