Global geopolitical issues impacting exports
Management acknowledged geopolitical tensions could affect export recovery, though domestic demand remains resilient.
HEROMOTOCO / Q2-FY24 / risks
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Hero MotoCorp · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
EV profitability and BOM cost reduction
EV business is not yet profitable at gross profit level; BOM cost reduction is a work in progress and may take time to achieve scale.
Scooter market share weakness in 125cc segment
Hero is losing share in the 125cc scooter segment due to product transitions; new models may take time to gain traction.