Hero MotoCorp lifts revenue, gains market share on scooters and EV sales
In short
Hero MotoCorp said its revenue grew in the September quarter. The company also lifted its market share to 7.3%.
The move matters because scooter demand and VIDA electric vehicle sales helped growth, and Hero plans more premium bikes and EV production. The report says exports may grow in the second half of FY27, but it does not give exact numbers for that outlook.
What the reporting says
Hero MotoCorp reported notable revenue growth in the September quarter, helped by higher sales volumes and stronger scooter demand. Its market share rose to 7.3% as VIDA electric vehicle sales added support, and the company is planning new premium motorcycle launches and more EV production. The report also says Hero expects export growth in the second half of FY27, but the exact size of the gains and any risks were not stated.
Why it matters
Hero MotoCorp reported notable revenue growth in the September quarter, supported by higher volumes, stronger scooter demand and VIDA electric vehicle sales. The company’s market share rose to 7.3%. It also plans new premium motorcycle launches and more EV production, and expects export growth in the second half of FY27. The report does not quantify the revenue increase or state what could limit the outlook.