Profit surges 41% YoY to Rs 1,861 crore with revenue up 23%.
Context
What happened: Hero MotoCorp reported Q2 FY27 results with profit up 41% YoY to Rs 1,861 crore and consolidated revenue up 23% YoY to Rs 14,971 crore.
Key numbers: Consolidated revenue Rs 14,971 crore vs Rs 12,218 crore YoY. Standalone revenue Rs 14,687 crore, up 21%. EBITDA Rs 1,968 crore, up 8%, margin 13.4%. Standalone PAT Rs 1,456 crore, up 5%.
Why it matters: Scooters were a key growth contributor, with domestic ICE scooter dispatches up 35% YoY and market share up one percentage point to 7.3%. CEO Harshavardhan Chitale said focus remains on sustaining momentum and profitable growth.
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What changed
Hero MotoCorp reported Q2 FY27 results with profit up 41% YoY to Rs 1,861 crore and consolidated revenue up 23% YoY to Rs 14,971 crore.
Why it matters
Scooters were a key growth contributor, with domestic ICE scooter dispatches up 35% YoY and market share up one percentage point to 7.3%. CEO Harshavardhan Chitale said focus remains on sustaining momentum and profitable growth.