Hero MotoCorp Limited
Hero Moto Corp earlier also known as ‚ÄúHero Honda‚Äù is one of India‚Äôs first motorcycle manufacturers.The company started in 1984 as a Technological collaboration with Honda, Japan. Before this collaboration, Hero was selling Cycles under the brand name, Hero Cycles.In 2011, Honda group sold its 26% stake in the company to the Munjals (promoters) and ended the JV. Post the termination of JV, the name of the…
What Hero files
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Hero MotoCorp dispatched 0.568 Cr units, up from 0.554 Cr YoY, with strong 19% overall retail growth. Its EV arm, VIDA, saw 0.026 Cr units (+38% retail), launching new VX2 Go. Domestic ICE delivered 0.517 Cr units (+18% retail). Global business added 0.026 Cr units.
Hero MotoCorp has withheld final dividends for FY25-26 for some shareholders due to incomplete/incorrect bank details or unupdated KYC. Dividend payments are now electronic only. Affected shareholders must update details with their DP/RTA for release.
Hero MotoCorp reported robust quarterly results: Revenue Rs. 12,999 Cr (+36% YoY) and PAT Rs. 1,454 Cr (+29% YoY). Volume surged 23%. Significant growth came from its electric mobility (VIDA), global business segments, and Harley-Davidson operations.
Hero MotoCorp reported 0.53 Cr unit dispatches in July, up 19% YoY. Its EV unit, VIDA, expanded into Nepal with a new variant. The company also entered Ecuador and Germany, plus started a new EV production-focused Global Parts Center in Tirupati.
Hero MotoCorp's VIDA launched the EVOOTER VX2 Go FB, a new e-scooter variant priced at ₹1,13,000. It offers direct-plug charging, expanding customer choice alongside existing removable-battery options, strengthening VIDA's EV portfolio.