3 weeks ago
Hero MotoCorp Q1 Net Profit Dips 17% to ₹1,418 Crore
Hero MotoCorp is a big company that makes motorcycles and scooters in India.
Every few months, the company tells everyone how much money it made.
In the first three months of its new financial year, its profit went down by 17 percent to about 1,418 crore rupees.
This happened even though the company earned a lot more money from selling its products — revenue jumped by 35 percent.
One reason profit fell is that last year's numbers included a special one-time gain.
This year, the company also lost some money through other companies it has invested in.
The company is sharing its success by paying shareholders a final dividend of 75 rupees per share.
It also plans to start a new charity called the Hero MotoCorp Foundation.
Overall, the company is doing more business, but it is keeping less of it as profit.
Hero MotoCorp reported a consolidated net profit of ₹1,418 crore for Q1 FY27, down 17% from ₹1,706 crore a year earlier.
Consolidated revenue from operations rose 35% to ₹13,126.35 crore from ₹9,727.75 crore in Q1 FY26.
The profit decline was driven by a ₹43.89 crore share of net loss from associates, versus a ₹629.44 crore profit last year, which included a one-time dilution gain.
Basic earnings per share fell to ₹70.59 from ₹85.26 in the same quarter last year.
The board approved a final dividend of ₹75 per share for FY26, bringing the total dividend to ₹185 per share, and plans to set up 'Hero MotoCorp Foundation - A Santosh Munjal Legacy' for CSR.
- Who
- Hero MotoCorp, a major Indian two-wheeler manufacturer
- What
- Reported Q1 FY27 results with a 17% drop in consolidated net profit to ₹1,418 crore despite a 35% rise in revenue
- Where
- India (results reported from Mumbai)
- When
- For the quarter ended June 30, 2026; reported on Thursday
- Why
- Last year's profit included a one-time gain from diluting shares in associates, while this year associates contributed a net loss and total expenses rose
Key facts
- Quarter
- Q1 FY27 (ended June 30, 2026)
- Consolidated net profit
- ₹1,418 crore (down 17% YoY)
- Revenue from operations
- ₹13,126.35 crore (up 35% YoY)
- Basic EPS
- ₹70.59 (down from ₹85.26)
- Share from associates
- Net loss of ₹43.89 crore vs profit of ₹629.44 crore
- Final dividend for FY26
- ₹75 per share (total ₹185 per share)
- Total expenses
- ₹11,621.48 crore vs ₹8,541.12 crore
- Exceptional item
- ₹119 crore provision for four Labour codes notified by Government of India








