Hero MotoCorp Board Approves FY26 Results, Recommends ₹75 Dividend
Hero MotoCorp's Board approved FY26 results and recommended a final dividend of ₹75 per share. Dr. Pawan Munjal was re-appointed Executive Chairman for five years. The 43rd AGM is on August 5, 2026, with a record date of July 24, 2026, for the dividend. Profit after tax for FY26 was ₹5,268.21 crore.
The declaration of a substantial final dividend and the re-appointment of the Executive Chairman are significant corporate actions that directly impact shareholders and the company's strategic direction.
The company announced strong financial results and recommended a significant final dividend, along with the re-appointment of key management personnel, indicating stability and positive outlook.
Hero MotoCorp Limited announced the outcome of its Board Meeting held on May 5, 2026. The Board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
The company recommended a final dividend of 3,750%, amounting to ₹75 per equity share (face value of ₹2), subject to shareholder approval at the upcoming 43rd Annual General Meeting (AGM). This dividend, along with the interim dividend, brings the total dividend for FY26 to ₹185 per share, representing 9250%.
Furthermore, the Board approved the re-appointment of Dr. Pawan Munjal as Whole-Time Director, designated as Executive Chairman, for another five-year term effective October 1, 2026. Mr. Suman Kant Munjal, Director, retiring by rotation, was also recommended for re-appointment, both subject to member approval at the 43rd AGM.
The 43rd AGM is scheduled to be convened on Wednesday, August 5, 2026. The record date for determining entitlement to the final dividend has been fixed as Friday, July 24, 2026.
The financial results indicate a profit after tax of ₹1,401.13 crore for the quarter ended March 31, 2026, and ₹5,268.21 crore for the financial year ended March 31, 2026. The company also reported issuing 8,165 equity shares under the Employee Incentive Scheme during the quarter.
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Hero MotoCorp Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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