Hero MotoCorp Share Price in Focus; Reports 21% Revenue Growth in Q3 FY26 Results

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reported its strongest-ever quarterly performance in Q3 FY26 (October–December 2025). The company recorded revenue from operations of ₹12,328 crore, marking a 21% increase compared to ₹10,211 crore in the same quarter last year.

The company also reported its highest-ever normalised profit after tax (PAT), underlining strong operational execution and market demand across segments.

Volume Growth Boosted by Festive Demand

Hero MotoCorp sold 16.97 lakh motorcycles and scooters during the quarter, registering a 16% year-on-year growth compared to 14.64 lakh units in Q3 FY25. Performance was supported by strong festive demand and new model launches across product categories.

The ICE scooter segment recorded robust growth of 55% during the quarter, while the company also saw positive momentum in electric mobility and global markets. VIDA, Hero’s EV business, closed the quarter with an 11% market share, reflecting rising traction in the electric two-wheeler segment.

Exports also grew sharply by 41% year-on-year, supported by new market entries and product expansion in international markets.

Profitability and Exceptional Item Impact

EBITDA for the quarter stood at ₹1,810 crore, up 23% year-on-year, with EBITDA margin expanding to 14.7%, driven by favorable product mix, pricing actions, and operational efficiencies.

However, the company recorded a one-time exceptional charge of ₹119 crore due to the implementation of four new labour codes effective November 21, 2025. Excluding this impact, normalised PAT stood at ₹1,439 crore, reflecting 20% growth over last year. Reported PAT for the quarter came in at ₹1,349 crore.

On a consolidated basis, quarterly revenue reached ₹12,487 crore while consolidated PAT stood at ₹1,275 crore.

YTD FY26 Performance Remains Strong

For the April–December 2025 period, Hero MotoCorp sold 47.55 lakh units, with revenue rising to ₹34,034 crore, up 10% year-on-year. EBITDA grew 13% to ₹5,015 crore, while normalised PAT stood at ₹3,957 crore, marking 12% growth.

Dividend Announcement

Strengthening shareholder returns, the board declared an interim dividend of ₹110 per share, equivalent to 5500% of the face value.

Hero MotoCorp Share Price Performance

On February 6, 2026, Hero MotoCorp share price opened at ₹5,772.00, touching the day’s high at ₹5,841.00, as of 11:02 AM on the NSE.

Also Read: Hero MotoCorp Retains Global No.1 Position with 26% Sales Growth in January 2026!

Conclusion

Hero MotoCorp’s record quarterly performance, strong volume growth, and expanding presence in EV and export markets position the company well for sustained momentum in the coming quarters.

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