Hero MotoCorp Q4 profit jumps 26%, margins tick up on strong revenue growth

Hero MotoCorp reported a strong performance in the March quarter, driven by robust volume growth, improved product mix and cost efficiencies.

The company’s consolidated net profit rose 25.7% year-on-year to ₹1,460 crore, compared with ₹1,161 crore a year earlier. Revenue from operations increased 30.2% to ₹12,978 crore from ₹9,970 crore, reflecting healthy demand across segments.

Operating performance also remained strong, with EBITDA rising 33.4% to ₹1,921.9 crore from ₹1,440.7 crore in the year-ago period. Margins expanded to 14.8%, up from 14.5% last year, indicating better cost control and improved realisations.

Volume growth and premium push drive performance

The quarter’s performance was supported by higher dispatches and traction in premium and scooter segments. Hero MotoCorp sold over 17 lakh units during the quarter, marking a sharp increase over the previous year.

The company said growth was broad-based across key categories, including entry-level motorcycles, scooters and premium offerings, aided by new launches and product refreshes.

For the full financial year, revenue from operations rose to ₹46,830 crore, while profit after tax stood at ₹5,268 crore, underscoring steady growth momentum .

EV, global business add to growth momentum

Hero MotoCorp’s emerging mobility business also saw strong traction, with its EV arm VIDA reporting record growth during the year. The company said EV volumes expanded sharply, supported by new product launches and wider market reach.

Its global business posted strong gains as well, with dispatches rising significantly across key international markets. The company expanded its footprint to over 50 countries, reinforcing its position as a global mobility player .

The Harley-Davidson partnership continued to contribute to premium segment growth, supported by new launches and network expansion.

Outlook remains positive

Commenting on the performance, chief executive officer Harshavaradhan Chitale said, “FY’26 marks a defining chapter for Hero MotoCorp. Our record performance reflects not only our sustained leadership… but also our commitment to defining the future of mobility.”

He added that strong consumer sentiment, supportive policy environment and the ongoing shift towards premiumisation and electrification are expected to support growth going ahead.

The company said it remains focused on strengthening its core business while investing in new growth areas, including electric mobility and global expansion, positioning itself for the next phase of growth.

Shares of Hero MotoCorp ended Tuesday 1.19% higher at ₹5,127 apiece on the NSE. The stock has surged 36% over the past year, outperforming the Nifty Midcap 50 index, which has risen nearly 10% during the same period.