The company’s two-wheeler dispatches in the same period last year were 6,37,050 vehicles.
Domestic sales for the period under review aggregated to 6,47,582 vehicles (up 5% YoY) and exports added up to 39,638 vehicles (up 94.83% YoY).
While motorcycle sales increased by 6,26,217 units (up 4.80% YoY), scooter sales jumped by 54.35% YoY to 61,003 units in September 2024.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters, with a global footprint spanning 48 countries across Asia, Africa and Latin America. It has collaborations with Harley-Davidson and Zero Motorcycles and strategic investments in Ather Energy and Euler Motors.
The company’s standalone net profit rose 0.3% to Rs 1,125.70 crore despite of 5.6% decline in revenue from operations to Rs 9,578.86 crore in Q1 FY26 over Q1 FY25.
Shares of Hero MotoCorp shed 0.16% to Rs 5,420.80 on the BSE.