Hero MotoCorp Q1 FY26 Results: Passion Plus maker meets profit estimate, margin steady at 14.4%—Key points from latest earnings report


New Delhi-headquartered Hero MotoCorp on Wednesday reported a standalone net profit of Rs 1,126 crore for the quarter ended June 30, nearly unchanged from a net profit of Rs 1,122 crore for the corresponding period a year ago. Its net profit and steady margin met analysts’ estimates, though its top line and EBITDA missed the mark. Here are key takeaways from the auto major’s latest earnings report: 

Hero MotoCorp Q1 FY26 Results: A summary

The motorcycle maker’s June-quarter revenue came in at Rs 9,579 crore, marking a decline of 5.6 per cent on a year-on-year basis.

According to Zee Business research, the auto major was estimated to register a net profit of Rs 1,067 crore with revenue of Rs 9,907 crore for the first quarter of the financial year. 

How Hero MotoCorp fared operationally 

The auto company — whose popular motorcycles include Passion, Splendor, Glamour and Karizma — logged Rs 1,382 crore in first-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA), which was slightly below expectations.  

The analysts had pegged Hero’s June-quarter EBITDA at Rs 1393 crore.  

The company’s margin — a key measure of a business’s profitability — remained unchanged on a year-on-year basis, at 14.4 per cent. 

That was 30 basis points higher than what analysts had estimated. 

According to Zee Business research, Hero MotoCorp’s first-quarter margin was expected to be at 14.1 per cent. 

 

During the June quarter, the company sold 13.67 lakh motorcycles and scooters, and launched models Destini 125, Xoom 125 and HF Deluxe Pro.

Earlier on Wednesday, the Hero MotoCorp stock declined 1.5 per cent to close at Rs 4,474.5 apiece on BSE. 

 

Hero MotoCorp stock vs Nifty 50 vs Nifty Auto 

At the current level, Hero MotoCorp shares have 6.8 per cent so far this year, outperforming Nifty50 and Nifty Auto’s gains of 3.5 per cent and 2.6 per cent, respectively.  



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