Hero MotoCorp Ltd delivered steady Q3 FY26 financial performance with revenue expansion and controlled cost growth. Profits rose modestly amid robust two-wheeler demand.
Executive Summary
Hero MotoCorp Ltd reported consolidated revenues of ₹12,487 crore for Q3 FY26, up 21.71% YoY from ₹10,260 crore. Net profit increased 15.07% YoY to ₹1,275 crore from ₹1,108 crore, with EPS at ₹63.35, reflecting a 14.39% YoY rise. Expense growth trailed revenue, supporting margin stability.
Revenue & Growth
Revenues grew 21.71% YoY to ₹12,487 crore from ₹10,260 crore, driven by higher motorcycle and scooter sales volumes. Total expenses rose 20.99% YoY to ₹10,974 crore from ₹9,070 crore, maintaining operational leverage. QoQ comparisons unavailable from provided data.
Profitability & Margins
Consolidated net profit advanced 15.07% YoY to ₹1,275 crore. EPS increased 14.39% YoY to ₹63.35 from ₹55.38. PAT margin held at approximately 10.21%, with EBITDA and gross margin details not specified in the dataset.
Balance-sheet Highlights
Balance sheet details such as net debt, current assets, or liabilities not provided in the input data. Company maintains leadership in India’s two-wheeler segment post its Honda collaboration era. Net debt/EBITDA and current ratio unavailable.
Cash Flow / Liquidity
Cash flow statement information absent from dataset. Operating cash flow, free cash flow, and liquidity metrics like current ratio not reported. Funding supports ongoing capacity expansions.