In the year-ago quarter, the company posted Rs. 1,204 crore in net profit.
Income from operations rose 16% to Rs. 12,126 crores. Earnings before interest, tax, depreciation and amortization (EBITDA) rose 20% to Rs. 1,823 crores.
“In Q2FY26, the auto industry returned to broad-based growth, further supported by positive festive sentiment,” said Vivek Anand, Chief Financial Officer, Hero MotoCorp. “Hero MotoCorp saw strong momentum, supported by the success of our new launches, product portfolio expansion and customer-centric marketing campaigns.”
The company sold 1.691 million units in the quarter, up 11% from the year-ago period.
“Furthermore, the company’s emerging mobility business—VIDA—returned growth ahead of the industry average and the company outperformed markets in the global business,” Anand said.
The company’s exports rose 77% last quarter, three times the industry average, on strong demand from markets in Bangladesh, Nepal, Sri Lanka and Colombia.
Anand said Hero MotoCorp expects the growth momentum to continue, supported by benefits from GST reforms, healthy macro-economic parameters and a strong product portfolio.
“We are committed to continued growth and will continue to invest strategically in technology, global markets and product innovation to create long-term value for our shareholders,” he added.
Shares of Hero MotoCorp fell 0.42% on the BSE on Thursday to Rs. closed at 5,506.75. The company reported earnings after market hours.
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