HEROMOTOCO Hero Motocorp Q2 FY26 results (Jul–Sep 2025) and concall
Hero Motocorp delivered a robust Q2 FY26, achieving record revenue, EBITDA, and PAT, fueled by a strong festive season and significant market share gains across its ICE and EV segments. The company's VAHAN market share saw substantial expansion in October, and its EV business recorded its highest-ever quarterly market share. Management anticipates the 2-wheeler industry to grow 8-10% in H2 FY26, with Hero positioned to outperform the market.
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What they filed
Q2 FY26: revenue up 15.9%, net profit up 15.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 10,463 | 10,211 | 9,939 | 9,579 | 12,126 +16% |
| EBITDA | 1,516 | 1,476 | 1,416 | 1,382 | 1,823 +20% |
| Net profit | 1,204 | 1,203 | 1,081 | 1,126 | 1,393 +16% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
