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Hero MotoCorp Q2 profit jumps 41% as scooter and EV sales surge
Hero MotoCorp’s Q2 FY27 consolidated profit rose 41% to Rs 1,860.55 crore, while revenue increased 23% to Rs 14,970.50 crore. Scooter sales surged 47%, VIDA retail sales grew 76%, and international expansion strengthened growth prospects.
Hero MotoCorp Q2 Results: Profit surges 41% YoY to Rs 1,861 crore, revenue jumps 23%
Hero MotoCorp’s Q2 FY27 consolidated profit rose 41% to Rs 1,861 crore, while revenue increased 23% to Rs 14,971 crore. Scooter sales, 100cc motorcycles and VIDA electric scooters boosted growth, alongside international expansion and investments.
Hero MotoCorp shares jump 2% as December sales rise 40% to 4.56 lakh units
Hero MotoCorp is riding high on its recent sales success, with shares climbing steeply after announcing impressive December 2025 figures. The year-on-year increase in dispatches and demand indicates a thriving market, bolstered by the recent launch of exciting new models in the ICE scooter sector during Q3FY26.
Hero GST rate cut: India's largest 2-wheeler company announces price reduction, check model-wise new rate list here
Hero New GST Rate Full List: Hero MotoCorp has announced a price reduction of up to Rs 15,743 on its two-wheelers, effective September 22. This move aims to pass on the full benefit of the GST rate cut to customers across models like Splendor+, Xoom, and others. The company believes this will boost consumption and make two-wheelers more affordable, especially ahead of the festive season.
Hero MotoCorp Q4 Results: Standalone PAT rises 6% YoY to Rs 1,081 crore; dividend declared at Rs 65/share
Hero MotoCorp Q4 Results: Hero MotoCorp reported a 6% YoY increase in Q4 net profit, reaching Rs 1,081 crore, with revenue up 4% to Rs 9,519 crore. The company achieved record revenue and profit for FY25, driven by growth in premium, scooter, and EV segments. A final dividend of Rs 65 per share was recommended, reflecting the company's strong performance and future outlook.
Bharat Mobility Global Expo 2025: Hero MotoCorp showcases 4 new products in motorcycles, scooters segments
Hero MotoCorp unveiled four new products in the premium motorcycle and scooter segments at the Bharat Mobility Global Expo 2025, including the Xtreme 250R and Xpulse 210 motorcycles, as well as the Xoom 125 and Xoom 160 scooters. Bookings start in February 2025, with deliveries beginning in March 2025.
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Hero MotoCorp to hike prices of select models by up to Rs 1,500 from July
Hero MotoCorp announced on Monday that it will increase prices of select motorcycle and scooter models by up to Rs 1,500, effective July 1, 2024, to partially offset higher input costs. The exact price hike will vary by model and market. The company’s bike lineup includes popular models like the Splendor range, HF Deluxe, and Glamour, while its scooter offerings include the Xoom and Destini 125 XTEC. Shares of Hero MotoCorp were trading up 0.46% at Rs 5,477.20 on the BSE.
Hero MotoCorp plans to expand electric model range to increase customer base
Hero MotoCorp expands its electric two-wheeler segment presence with new models and plans for significant growth. The company aims to enter European and UK markets, launch new scooters, and accelerate growth for FY25 and beyond.
Hero Moto to make 'big strides' in FY25 through EV product launches in mid & affordable segment
Hero MotoCorp announced plans to introduce electric variants in the mid and affordable segments, expressing optimism for the year ahead. CEO Niranjan Gupta highlighted upcoming product launches, including Xoom scooters, in the ongoing fiscal year. The company anticipates industry growth supported by stable commodity prices, a normal monsoon, and increased government spending.
Hero MotoCorp Q4 Results: PAT jumps 18% YoY to Rs 1,016 crore; dividend declared at Rs 40 per share
Hero MotoCorp Q4 Results: The company had reported a profit of Rs 858.93 crore in the year-ago period. The PAT was broadly in line with the Street's estimates of Rs 1,026 crore. This was also its highest-ever revenue and profit after tax (PAT) for any financial year.
Hero MotoCorp shares snap 3-day rally, fall 3%. Here's why
The correction comes on the back of a three-session rally in Hero MotoCorp that led to a 52-week high of Rs 4,560 on Tuesday. The previous session's gains were after the two-wheeler company launched The Mavrick 440 motorcycle in the upper premium segment.
Hero MotoCorp plans multiple scooter brands to take on ex-partner Honda
Ranjivjit Singh, chief growth officer (CGO) at New Delhi-headquartered Hero MotoCorp, told ET the company has decided to have multiple brands of scooters to meet the needs and aspirations of customers across segments and geographies. Hero MotoCorp dominates the motorcycle segment.
Hero MotoCorp betting big on sporty 110 cc scooter segment
"In scooters, the 110 cc continues to be the biggest segment with more than 60 per cent contribution to the scooter market," Hero MotoCorp Chief growth Officer Ranjivit Singh told reporters at the launch. It is not just amongst the fastest growing sub-segments, but also very well aligned to consumer expectations, he added.
Hero Motocorp set to launch its Maestro Xoom scooter; Check details here
Indian two-wheeler manufacturer Hero Motocorp is set to launch its new Maestro Xoom scooter tomorrow, January 30. The scooter is expected to be a sporty and stylish option, with features such as a powerful engine, advanced suspension, and a sleek design. The company has not yet revealed the details of the scooter's specifications or pricing, but they are expected to be announced at the launch event.
PayPal hikes cross-border remittance cap to $50,000
PayPal’s international money transfer service Xoom has been opened in over 30 countries, including India, Canada, France, Germany, and UK.
PayPal to buy Xoom for $890 million in cash to expand portfolio
Online payment firm PayPal will acquire digital money transfer services provider Xoom for about $890 million in an all cash deal.
Xoom launches instant deposit service to ICICI Bank accounts
"This service allows Xoom customers to instantly deposit money into their recipients' ICICI Bank accounts, 365 days a year, including bank holidays."
Xoom announces instant overseas funds transfer facility, even on bank holidays and weekends
Xoom Corporation,has partnered with Punjab National Bank to roll out instant bank deposit services to bank accounts in India using IMPS.
Punjab National Bank says interest rates not to come down in next 2-3 months
Headline inflation accelerated to five-month high of 6.01 per cent in May from 5.2 per cent previous month, mainly driven by high food and fuel inflation.
Why Android will win the tablet war
It is too early to say if Android will win the tablet war yet, but it has definitely started things, that could take away a considerable market share from Apple in the long run.
ET Review: Motorola Xoom tablet
After initial excitement created by the Motorola Xoom at CES in Jan this year, it has finally made its way to Indian shores. Let's see how good it is...
Motorola launches Xoom tablet in India
Motorola Mobility became the latest entrant in India as it launched the Xoom tablet in 3G and Wi-Fi priced at Rs 32,990 and 39,990 respectively on Tuesday.
HTC unveils tablet PC 'Flyer' in India at Rs 39,890
Flyer's competitors in India include Apple iPad, Samsung's Galaxy Tab, Blackberry Playbook and soon-to-be launched Motorola Xoom.
Motorola Mobility to bring 'Xoom' to India
Motorola Mobility India will introduce PC 'Xoom' in the Indian market by the end of this month to cash in on the huge opportunity that has emerged in the segment.
Apple iPad 2 to be unveiled on March 2
After selling a record 15 million units of iPad in less than a year, Apple is unveiling iPad 2. Like all things Apple, the details of the iPad 2 are a closely guarded secret.
Motorola Xoom tablet crowned best CES gadget
US telecom maker Motorola Mobility jumped into the bustling tablet computer market Wednesday when chief executive Sanjay Jha unveiled Xoom at CES.
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