HEROMOTOCO Hero Motocorp Q4 FY26 results (Jan–Mar 2026) and concall
Hero MotoCorp delivered its highest-ever financial performance in FY26, driven by strong growth in scooters, EVs, and global business. Q4 FY26 saw robust revenue and profit growth, with ICE EBITDA margins expanding. However, the company faces short-term margin pressure from commodity headwinds, which are not fully offset by recent price hikes, and continues to invest significantly in its EV portfolio and capacity expansion.
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What they filed
Q4 FY26: revenue up 28.8%, net profit up 29.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 10,463 | 10,211 | 9,939 | 9,579 | 12,126 +16% | 12,328 +21% | 12,797 +29% |
| EBITDA | 1,516 | 1,476 | 1,416 | 1,382 | 1,823 +20% | 1,810 +23% | 1,856 +31% |
| Net profit | 1,204 | 1,203 | 1,081 | 1,126 | 1,393 +16% | 1,349 +12% | 1,401 +30% |
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.




