HEROMOTOCO NSE filing

Hero MotoCorp Q2 FY27 Revenue at ₹14,971 Cr, PAT ₹1,861 Cr; Invests ₹300 Cr in Subsidiary

The RealCase readHigh impact Positive

Hero MotoCorp reported Q2 FY27 consolidated revenue of ₹14,971 Crore (up 23% YoY) and PAT of ₹1,861 Crore (up 41% YoY). Standalone revenue was ₹14,687 Crore. The company approved an investment of up to ₹300 Crore in its subsidiary. Key leadership appointments were made, including Anuj Dua as Chief Business Officer – Premium Segment.

Why it matters

The announcement includes significant financial results (revenue and profit growth), a substantial investment in a subsidiary, and key leadership changes, all of which are material to investors and the company's strategic direction.

The market read

The company reported strong year-on-year growth in both revenue and profit for the quarter and half-year, along with strategic investments and leadership appointments, indicating positive business performance and future outlook.

Hero MotoCorp announced its financial results for the second quarter (July–September 2026) and half year (April–September 2026) of FY’27. The company reported a consolidated revenue of ₹14,971 Crore for Q2 FY’27, a 23% year-on-year growth from ₹12,218 Crore in Q2 FY’26. Profit After Tax (PAT) for the quarter stood at ₹1,861 Crore, marking a 41% year-on-year growth.

For the half year ended September 30, 2026, Hero MotoCorp reported Revenue and PAT of ₹28,097 Crore and ₹3,278 Crore, respectively, representing a growth of 28% and 8% over H1 FY’26. These results include a ₹397 Crore gain from the equity consolidation of an associate company.

On a standalone basis, revenue from operations for Q2 FY’27 grew by 21% year-on-year to ₹14,687 Crore. EBITDA margins remained steady at 13.4%, with EBITDA at ₹1,968 Crore (8% growth YoY). Standalone PAT grew by 5% year-on-year to ₹1,456 Crore.

The company also approved an additional investment of up to ₹300 Crore in its wholly-owned subsidiary, HMCL Netherlands B.V., for further investment in its subsidiary companies HMCL Colombia S.A.S and Hero MotoCorp Do Brasil Ltda.

The Board of Directors meeting commenced at 02:30 p.m. and concluded at 5:30 p.m. on October 28, 2026.

In terms of business highlights, the company's scooter portfolio grew by 47% to 2.40 lakh units, with ICE scooters growing by 50% year-on-year. VIDA, the electric mobility arm, recorded 76% year-on-year retail growth. The Global Business expanded with entry into Germany, its 54th global market. Hero MotoCorp also appointed Anuj Dua as Chief Business Officer – Premium Segment. The Harley-Davidson Business saw a 30% sequential growth.

Filing to action

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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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Primary source

A plain-language summary of a public exchange filing by Hero MotoCorp Limited. Read the original for the full detail.

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