Hero MotoCorp Q2 results: net profit rises 42.2% to Rs 1,861.33 crore

Hero MotoCorp said in its filing with the National Stock Exchange that its consolidated net profit for the quarter ended 30 September 2026 (Q2 FY27) was Rs 1,861.33 crore, up 42.2% from a year earlier. Revenue from operations rose 22.5% to Rs 14,970.50 crore. The board approved the unaudited results on 28 October 2026.

What Happened

According to the company's consolidated results, net profit attributable to the owners of the company was Rs 1,861.33 crore in Q2 FY27. That compares with Rs 1,308.89 crore in the same quarter last year, a rise of 42.2%, and Rs 1,412.36 crore in the previous quarter (April to June 2026), a rise of 31.8%.

Revenue from operations was Rs 14,970.50 crore. It was Rs 12,218.39 crore a year earlier, a rise of 22.5%, and Rs 13,126.35 crore in the previous quarter, a rise of 14.0%.

The consolidated table also shows the company's share of profit from associates at Rs 417.38 crore this quarter, against a loss of Rs 98.03 crore a year earlier and a loss of Rs 43.89 crore in the previous quarter. Profit before tax was Rs 2,361.39 crore. Basic earnings per share were Rs 92.99, against Rs 65.41 a year ago.

For the half year ended 30 September 2026, consolidated revenue from operations was Rs 28,096.85 crore, and net profit attributable to the owners was Rs 3,273.69 crore, up 8.6% from Rs 3,014.18 crore in the same period last year.

On a standalone basis, Hero MotoCorp reported revenue from operations of Rs 14,687.43 crore and profit after tax of Rs 1,456.22 crore for the quarter. The standalone table shows 18.68 lakh two-wheelers sold in the quarter, against 16.91 lakh a year earlier and 16.77 lakh in the previous quarter.

The board also approved an additional investment of up to Rs 300 crore in HMCL Netherlands B.V., a wholly-owned subsidiary. The filing says the money, to be invested in one or more tranches, is meant for further investment in the subsidiary's own companies, HMCL Colombia S.A.S and Hero MotoCorp Do Brasil Ltda.

What It Means

These are the company's own unaudited figures, reviewed by its statutory auditors in a limited review report. Quarterly results are a record of past performance and say nothing by themselves about what comes next.

Shareholders can read the full results, notes and auditor's review report in the company's filing with the National Stock Exchange. The filing also records that the shareholders approved a total dividend of Rs 185 per share for the financial year 2025-26 at the annual general meeting held on 5 August 2026.

Source: Company filing on NSE