Hero MotoCorp Q1 FY27 Revenue Up 36% to Rs. 12,999 Crore, PAT Up 29%
Hero MotoCorp's Q1 FY27 revenue grew 36% to Rs. 12,999 crore and profit after tax rose 29%, driven by 23% higher volume.
- Rs. 12,999 crore
- Rs. 1,454 crore
- 16.77 lakh units
- 151%
What Happened
For the April–June 2026 quarter, Hero MotoCorp reported standalone revenue from operations of Rs. 12,999 crore, up 36% from Rs. 9,579 crore a year earlier. EBITDA was Rs. 1,727 crore, up 25% from Rs. 1,382 crore, with an EBITDA margin of 13.3%. Profit after tax rose 29% to Rs. 1,454 crore from Rs. 1,126 crore. The company sold 16.77 lakh motorcycles and scooters, up 23% from 13.67 lakh units in Q1 FY26. Revenue from its Parts, Accessories, and Merchandising business was Rs. 1,689 crore, up 30%.
On a consolidated basis, revenue from operations was Rs. 13,126 crore, up 35% from Rs. 9,728 crore. Consolidated EBITDA was Rs. 1,746 crore, up 24% from Rs. 1,413 crore, and profit before tax was Rs. 1,921 crore. Consolidated PAT was Rs. 1,418 crore, compared with Rs. 1,706 crore in the prior year; the prior-year total included a one-time gain of Rs. 722 crore from dilution of investment in associates after a public issue and private placement.
“We have commenced FY'27 with strong momentum, delivering broad-based growth across our premium, electric mobility, commuter segments and global business. This performance reflects the strength and diversity of our portfolio, disciplined execution across the organisation, and our relentless focus on delivering superior value to our customers.”
“Our growth strategy is centered on building a future-ready mobility company by accelerating premiumisation, scaling our electric mobility business, expanding our global footprint while retaining our leadership in the commuter segment. Supported by continued investments in technology, innovation, manufacturing, and enhanced customer experience, we remain well positioned to deliver sustainable & pro”
- Growth was broad-based across Entry, Deluxe, Premium and Scooter segments, spanning ICE and electric portfolios; scooter dispatches more than doubled to 1,93,058 units.
- Channel network expanded with 70 new touchpoints, including new Premia outlets in Tamil Nadu and Assam, taking the total Premia network to 132 outlets.
- Unveiled the first flex-fuel motorcycle range – Splendor+ and HF Deluxe – supporting the Government of India's Atmanirbhar Bharat and Viksit Bharat vision and long-term energy security; also expanded
- Awarded 'Adventure Bike of the Year – XPulse 210' and 'Bike of the Year – Xtreme 250R' at Bike India Awards 2026.
- VIDA, the electric mobility business, recorded 151% year-on-year growth in Q1 FY27, aided by an expanding portfolio and retail footprint; retail of the DIRT.E K3 off-road range commenced in select mar
- VIDA deepened engagement through the Kolkata Knight Riders partnership and 'Ride Jitna, Pay Utna' Battery-as-a-Service campaign featuring KKR players.
- VIDA received 'Breakthrough Marketing Campaign of the Year' from Shri Nitin Gadkari at the Times Drive Auto Summit and Awards 2026, was named 'Global Most Trusted Brand' at the Global Brand & Leadersh
- Global Business grew 63% year-on-year, supported by a strategic re-entry into Ecuador and the UK launch of XPulse 200 4V and XPulse 200 Pro.
- The Harley-Davidson business grew 105% year-on-year, with the network expanded to 21 full-line dealerships nationwide offering globally sourced CBU models and locally manufactured X440 and X440 T.
- Sachin Agrawal assumed charge as Chief Technology Officer effective 21 May 2026.
- Hero MotoSports Team Rally marked a decade of rally-raid racing, renewed its partnership with Amaury Sport Organisation (ASO), Dakar Rally organisers, for five more years, launched 'India's Next Dakar
- Global ambassadors Akshay Bhatia and Sahith Theegala participated in the PGA Championship and U.S. Open respectively.
- Brand campaigns featured Ishaan Khatter for the refreshed Xoom and Abhishek Sharma for the Xtreme 125R; Hero won 'Best Use of AI' at the 2026 ACKO TOTM Marketing Awards.
- CSR initiatives positively impacted over 2,14,802 lives; supported para athletes won 12 medals (6 gold, 3 silver, 2 bronze) at the 8th Indian Open International Para Athletics Championships; 'Ride Saf
- Hero was awarded 'Most Sustainable Company' in the Automobile category at Business Today's India's Most Sustainable Companies 2026, and its Neemrana Plant earned CII GreenCo Platinum rating for 2026-2
Previously from Hero MotoCorp
Before this earnings report, Hero MotoCorp had been expanding its footprint: it made premium mobility a strategic growth pillar with a chief business officer and more stores, entered Germany through a KSR Group partnership, and launched the VIDA EVOOTER VX2 Plus 4.4 kWh. The company also reported July dispatches up 19% to 533,416 units, with VIDA entering Nepal.
- Hero MotoCorp Makes Premium Mobility a Strategic Growth Pillar with New CBO, More Stores
- Hero MotoCorp Enters German Motorcycle Market Through KSR Group Partnership, Its Fifth European Market
- VIDA launches EVOOTER VX2 Plus 4.4 kWh with 187 km range and record-setting ride
- Hero MotoCorp July Dispatches Rise 19% to 533,416 Units as VIDA Enters Nepal
Background drawn from MotorClaw's earlier coverage of Hero MotoCorp's official releases.
Why this matters
The results show broad-based momentum for the world's largest motorcycle and scooter maker: volumes rose 23%, the electric VIDA business grew 151%, global business grew 63%, and the Harley-Davidson line grew 105%. Profit growth is notable because the prior-year consolidated figure included a Rs. 722 crore one-time gain, so core operations also strengthened. Customers in India may see more touchpoints—70 new stores, including 132 Premia outlets—while the U…
Terms in This Story
- EBITDA
- Earnings before interest, taxes, depreciation, and amortization; a common measure of a company's operating profitability.
- PAT
- Profit after tax; net income remaining after all taxes are paid.
- CBU
- Completely Built Unit; a fully assembled vehicle imported from another country.
- Flex-fuel
- A vehicle engine designed to run on more than one fuel, such as petrol and ethanol blends.
Summarised from the linked release; details can be imperfect — always verify against the original source.