Country’s largest two-wheelers manufacturer, Hero MotoCorp on Tuesday said it has posted highest-ever revenue and profits for both the fourth quarter (Q4) ended March 31, and for the full financial year (FY).
The company reported a consolidated net profit of ₹1,460 crore in the Q4 FY26, up 26 per cent year-on-year (YoY) as compared with ₹1,161.33 crore in the corresponding period previous fiscal.
Consolidated revenue from operations also rose by 30.17 per cent YoY to ₹12,978.28 crore for the quarter in review, as compared with ₹9,969.81 crore in Q4 fiscal year 2024-25 (FY25), the company said.
Meanwhile, the Board of the company has re-appointed Pawan Munjal as the Whole-time Director, designated as the Executive Chairman for a term of another five years with effect from October 1, 2026, subject to the approval of the members of the company at the ensuing 43rd Annual General Meeting (AGM) to be held on August 5.
Suman Kant Munjal, a Director retiring by rotation and being eligible, has also been offered himself for re-appointment, subject to the approval of members of the company at the ensuing AGM. His office as Director would be liable to retire by rotation, it said.
The company said it sold 17.14 lakh units of motorcycles and scooters in Q4 FY26 – a growth of 24 per cent over the corresponding quarter in the previous fiscal.
On the yearly basis, Hero MotoCorp reported a growth of 31.13 per cent in its consolidated net profit to ₹5,741.73 crore in FY26 as compared with ₹4,378.48 crore in FY25. Similarly, consolidated revenue from operations grew by around 16 per cent YoY to ₹47,411.24 crore as compared with ₹40,923.42 crore in FY25.
The company sold 64.69 lakh units of motorcycles and scooters sold in FY26 – a growth of 10 per cent over the previous year, it said.
Defining chapter
“FY26 marks a defining chapter for Hero MotoCorp. Our record performance reflects not only our sustained leadership as the world’s largest manufacturer of motorcycles and scooters for 25 consecutive years, but also our commitment to defining the future of mobility,” Harshavaradhan Chitale, Chief Executive Officer, Hero MotoCorp, said.
This growth was broad-based, driven by a strong premium and electric vehicle product portfolio and momentum across both, domestic and global markets, he said.
“As we look ahead, we are encouraged by the supportive government policies, positive consumer loyalty and sentiment, and the accelerating shift towards electrification and premiumisation. These factors position us well for FY27, as we continue to lead the industry’s transition towards sustainable and innovative mobility solutions,” Chitale added.
The Board of the company also declared a final dividend of ₹75 per equity share. Including the interim dividend of ₹110 per share, the total dividend for FY26 amounts to ₹185 per equity share, representing a payout of 9250 per cent, the company added.
Shares of Hero MotoCorp closed at ₹5112.90 apiece on the BSE on Tuesday, up 0.91 per cent from the previous close.