ConCallIQ
Go Pro
HEROMOTOCO Diversified 07 Feb 2025

Hero MotoCorp Limited — Q3 FY25

Hero MotoCorp reported Q3 FY25 revenue of ₹10,211 crore (+5% YoY), EBITDA of ₹1,476 crore (+8% YoY), and PAT of ₹1,203 crore (+12% YoY).

bullish high
Compare with...
Revenue ₹10,260 Cr +5%
EBITDA ₹1,476 Cr +8%
PAT ₹1,108 Cr +12%
EBITDA Margin 14% +50bps
Duration
Read Time 1 min read

✓ Verified against BSE filing

Delivery score100%
Due this quarter3
Delivered3
Missed0

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY25

EBITDA margin guidance of 14%-16% maintained

Management reiterated the overall EBITDA margin range of 14%-16%, despite continued investments in EV and premium segments.

Delivered

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

heuristic_v1
Q2 FY25

EV portfolio expansion within six months

VIDA will launch new scooter models covering most price and customer segments within six months, including before end of calendar year.

Delivered

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

heuristic_v1
Q2 FY25

Premium store expansion to accelerate

Company plans to open 100 premium stores by end of FY2025, with further acceleration expected.

Delivered

Current-quarter results and commentary indicate the prior promise was delivered or materially on track.

heuristic_v1