Hero MotoCorp Q1 PAT down 16.86% at ₹1,417.93 crore
Hero MotoCorp reported a 16.86% decline in consolidated profit after tax for Q1, primarily due to a high base effect from the previous year. Despite the profit dip, the company saw a 23% increase in vehicle sales and strong growth in its parts and accessories business.
Why it matters
Provides insight into the financial health of a major automotive manufacturer and broader trends in the Indian two-wheeler market.
Two-wheeler maker Hero MotoCorp Ltd. has reported a 16.86% decline in consolidated profit after tax to ₹1,417.93 crore in the first quarter ended June 30 due to high base effect.
The company had posted a consolidated net profit of ₹1,705.65 crore in the corresponding period of previous fiscal.
The previous year PAT included a one-time gain of ₹722 crore on account of dilution of the company's share of investment in associates consequent to public issue and private placement, Hero MotoCorp said in a statement.
Consolidated revenue from operations in the first quarter stood at ₹13,126.35 crore as against ₹9,727.75 crore in the year-ago period, the company said in a regulatory filing on Thursday (August 6, 2026).
During the quarter, the company sold 16.77 lakh motorcycles and scooters, registering a 23% year-on-year growth over the corresponding quarter of the previous year, Hero MotoCorp said.
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