| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 12.5K | 2.2% | 21.7% |
| Total Income | 12.8K | 2.6% | 21.0% |
| Expenditure | 10.9K | 2.8% | 21.2% |
| PBT | 1.8K | 4.7% | 12.5% |
| Net Profit | 1.3K | 3.5% | 15.1% |
| OPM | 13.83% | 1.43pp | 3.53pp |
| NPM | 9.97% | 0.63pp | 1.39pp |
| EPS | 63.36 | 3.1% | 14.4% |
Hero MotoCorp Reports Highest Ever Quarterly Revenue & Normalized PAT in Its 25th Year of Leadership
05 Feb 2026 · 5 Feb, 9:41 pm
Summary
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reported the highest ever revenue and PAT in its 25th year of leadership. The company has witnessed a growth of 21% in revenue from operations for Q3 FY’26, and a growth of 20% in Normalized PAT before exceptional item for Q3 FY’26. The company has also declared an interim dividend of Rs.110 per share (5500%).
Key Highlights
- 1
Volume - 16.97 lakh units of motorcycles and scooters sold in Q3 FY’26
- 2
Revenue from operations - Rs. 12,328 Crore
- 3
EBITDA for Q3 FY’26 stands at Rs. 1,810 Crore
- 4
PBT before exceptional item-Rs.1,896 Crore
- 5
Net Profit After Tax (PAT) - Normalized PAT before exceptional item Rs. 1,439 Crore
- 6
Volume - 47.55 lakh units of motorcycles and scooters sold in nine months FY’26
- 7
Revenue from operations - Rs. 34,034 Crore
- 8
EBITDA for nine months stands at Rs. 5,015 Crore
- 9
PBT before exceptional item-Rs. 5,236 Crore
- 10
Net Profit After Tax (PAT) - Normalized PAT before exceptional item Rs. 3,957 Crore
Management Comments
Vivek Anand
Chief Financial Officer (CFO), Hero MotoCorp
Hero MotoCorp delivered a positive growth performance in Q3 FY’26 with healthy double-digit growth in volumes and retail momentum. Steady focus on operational excellence, product mix optimization, consumer-centricity and innovation remained our core pillars enabling consistent financial performance during the quarter. Conducive macro- economic factors and favorable GST 2.0 tailwind helped in revival of rural demand which further drove consumer traction for motorcycles and growth for the economy.
Informational and educational content only. Not investment advice.