Q1-FY24 · Niranjan Gupta
Our singular focus is going to be growth and market share on the back of lots of launches that we have done and the launches that are in the offing in the next few quarters.
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Hero MotoCorp · tone and specificity signals across the available quarters.
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Q1-FY24 · Niranjan Gupta
We are back to pre-COVID levels, which are around 14%. Therefore, moving forward, having covered the margins back to pre-COVID levels, our singular focus is going to be growth and market share.
Q1-FY24 · Niranjan Gupta
The number of new launches that we are doing this year is unparalleled as far as our history is concerned. Probably unparalleled in the industry as well.
Q1-FY25 · Niranjan Gupta
We saw INR 10,000 crore revenue being crossed for the first time, registering our highest ever profit after tax with 36% growth.
Q1-FY25 · Ranjivjit Singh
The 125cc has seen the sharpest increase from a 13% market share in Q4 to 20% in Q1.
Q1-FY25 · Vivek Anand
Our ICE margins improved further to 16.4%. This improvement is driven by operating leverage, mix improvement, cost savings, and pricing.
Q1-FY26 · Vikram Kasbekar
We are pleased to report a positive start to the fiscal year with our Wahan market share recovering to 30.9% in Q1 FY 2026, representing a sequential increase of 1%.
Q1-FY26 · Vikram Kasbekar
In EV, we reported our highest ever market share, quarterly market share of 7%, more than doubling year-on-year. Our July market share further increased to over 10%.
Q1-FY26 · Vivek Anand
We've given the guidance on the margin, that the margins will operate between 14% and 16%. In the short term, you are right, it will operate on the lower band of this range.
Q2-FY24 · Niranjan Gupta
We delivered a revenue of INR 9,445 crores, with our margins of 14.1%, which was up 260 basis points year-on-year basis.
Q2-FY24 · Niranjan Gupta
Our win and premium journey has started off very well.
Q2-FY24 · Niranjan Gupta
It's only a question of time when we actually put out the scale.
Q2-FY25 · Niranjan Gupta
Our P&L shape is stronger than ever before. Our balance sheet is stronger than ever before. The cash flows are stronger than ever before, and that allows us the flexibility and the headroom to invest even more aggressively behind our growth priorities.
Q2-FY25 · Niranjan Gupta
We do believe that the customers are the smartest lots. And customers are the king. They are the smartest lot. And we always need to learn something or the other from our customers.
Q2-FY25 · Ranjivjit Singh
The festival was indeed very, very positive for us, as we saw. We prepared very well. The preparation for something like this that goes into a result like 1.6 million with a 13% growth, obviously, all the channel partners inspiring them, motivating them, getting onto the same page, getting the production and the inventory geared up, and the model mix geared up for that takes a lot.
Q2-FY26 · Vikram Kasbekar
Our VAHAN market share in October expanded by 3.7% year-on-year to 31.6%.
Q2-FY26 · Vivek Anand
The company recorded its highest-ever quarterly revenue of INR 12,126 crores, reflecting year-on-year growth of 16%, highest-ever EBITDA of INR 1,823 crores, growth of 20%, and highest-ever PAT of INR 1,393 crores, growth of 16%.
Q2-FY26 · Ashutosh Varma
Our goal is to grow ahead of the market, and that's what you would have seen manifesting as we have made our portfolio more robust.
Q3-FY24 · Niranjan Gupta
We delivered a top-line growth of 20% and a PAT growth, profit growth of 50%.
Q3-FY24 · Niranjan Gupta
EV is a marathon. We don't want to get caught up in a short-term price war.
Q3-FY24 · Niranjan Gupta
The single biggest driver from the industry point of view will be the finance penetration down to the lowest strata.
Q3-FY25 · Niranjan Gupta
Our EBITDA per unit remarkably has crossed now INR 10,000 per unit, driven by premiumization, mix, and judicious pricing, which augurs well as we expand our volume given the operating leverage it will generate.
Q3-FY25 · Vikram Kasbekar
All strategies are as good as the execution, and our focus now is going to be purely on executing and accelerating the execution strategy.
Q3-FY25 · Niranjan Gupta
We are not there with 60% of the market. If you see our play area and where we play, a lot of towns actually exceeding now 20% market share, and many are 10% market share.
Q3-FY26 · Harshavardhan Chitale
We are all acutely aware of the opportunities that exist in some of the other categories which are growing faster and where we are relatively underrepresented.
Q3-FY26 · Vivek Anand
The company recorded its highest-ever quarterly revenue of INR 12,328 crores, reflecting year-on-year growth of 21%.
Q3-FY26 · Vivek Anand
We are seeing inflationary trends. We've seen the prices of aluminum, precious metals going up starting last quarter.
Q4-FY24 · Niranjan Gupta
These are exciting times at Hero MotoCorp as well. They are reflected in the results that we declared just a while back. The year has been the year of maximum number of launches while making big strides in the premium segment.
Q4-FY24 · Niranjan Gupta
We are fairly confident about our double-digit revenue growth. Now, what shape and mix of volume and price and mix and all that happens, that one we'll see how the industry navigates through.
Q4-FY24 · Ranjivjit Singh
The whole approach, even when we launched it, we had tie-ups with the gamers, BGMI and others. And they have been really into it in terms of the younger cohort of customers because that's the lifestyle that we wanted to tap into.
Q4-FY25 · Vikram Kasbekar
We have retained the number one spot during the quarter and on the full-year basis. For the first four months in the calendar year, we have gained month-on-month market share.
Q4-FY25 · Vivek Anand
We have given a guidance to the market of maintaining our EBITDA margins between 14-16%. Directionally, we will be there.
Q4-FY25 · Vivek Anand
At a 25,000-30,000 levels of volume per month, we hope that this will break even, which, in our view, is a couple of years away.
Q4-FY26 · Harshavardhan Chitale
In these focus segments, we've seen advancement in last quarter. In scooters, we saw 48% growth year-on-year. In EV, our EV scooter volumes expanded 2.5 times over the previous year.
Q4-FY26 · Vivek Anand
We are committed to our medium-term margin guidance of 14%-16%.
Q4-FY26 · Harshavardhan Chitale
The price hike that we've taken is close to 2%. Commodity and the labor cost and the fuel cost increase is far higher than that. It's in high single digits, and it's changing day by day.