Hero MotoCorp Q1 profit rises to ₹1,126 cr on strong demand, EV push
posted a net profit of ₹1,126 crore for the first quarter of FY26, edging past the ₹1,123 crore recorded in the same period last year. Revenue from operations stood at ₹9,579 crore, reflecting steady growth even as the company navigated a production pause during the quarter.
Consolidated profit surged to ₹1,706 crore, boosted by a one-time gain of ₹722 crore from the dilution of its investment in associates. Operating performance remained stable, with EBITDA at ₹1,382 crore and margins holding firm at 14.4 per cent.
Hero MotoCorp sold 13.67 lakh units of
motorcycles and scooters
in the quarter, driven by continued demand for its entry-level and deluxe offerings. The 125cc scooter segment saw strong traction, particularly with models like the Destini 125 and Xoom 125.
EV sales
Its electric brand, VIDA, gained further momentum following the launch of the EVOOTER VX2 and the introduction of a Battery-as-a-Service (BaaS) model. The brand also ran a high-visibility campaign during IPL 2025 to promote its swappable battery technology.
Retail demand remained strong across the domestic market, with positive registration trends on the Vahan portal. The company continued expanding its premium retail footprint, crossing 100 Hero Premia outlets across India.
Global markets also delivered growth, with new model launches in Sri Lanka including the Xoom 110, Hunk 160R 4V and Xtreme 125R.
With the festive season ahead and a refreshed product portfolio across ICE and EVs, Hero MotoCorp said it is well-positioned to sustain its growth momentum through the rest of FY26.
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