Hero MotoCorp Q1 FY27 Revenue up 36% to ₹12,999 Cr, PAT up 29%
Hero MotoCorp announced its Q1 FY27 financial results, reporting a significant 36% year-on-year revenue growth to ₹12,999 Crore and a 29% increase in Profit After Tax (PAT) to ₹1,454 Crore. The company sold 16.77 lakh units, a 23% increase over the previous year. Consolidated revenue grew 35% to ₹13,126 Crore, with PAT at ₹1,418 Crore (excluding a one-time gain from the previous year). The company also approved setting up a new entity for CSR initiatives and launched flex-fuel variants of Splendor+ and HF Deluxe. VIDA, its electric mobility arm, saw 151% growth.
Key Highlights
- Q1 FY27 revenue surged 36% YoY to ₹12,999 Crore.
- PAT increased by 29% to ₹1,454 Crore.
- Vehicle sales volume grew 23% to 16.77 lakh units.
- New company to be established for CSR initiatives.
- Electric mobility arm VIDA recorded 151% growth.
Price Impact
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