Hero Motors shares soar 8% as Q2 net profit more than doubles to Rs 10 crore

What happened: Hero Motors shares rose 8% after the company reported Q2 FY27 net profit more than doubled year over year to Rs 10.2 crore. Key numbers: Net profit up 115% YoY to Rs 10.2 crore. Revenue from operations up 25% to Rs 319 crore. Total income up 22% to Rs 322.64 crore. Net profit down 31% sequentially. Total expenses up 19% YoY to Rs 307.06 crore. Why it matters: The stock gained on the sharp year over year profit growth, though the sequential decline in net profit and higher expenses were also reported.

Hero Motors shares rose 8% after the company reported Q2 FY27 net profit more than doubled year over year to Rs 10.2 crore.

The stock gained on the sharp year over year profit growth, though the sequential decline in net profit and higher expenses were also reported.