India’s leading two-wheeler maker, Hero MotoCorp, on Tuesday reported a 6% year-on-year (YoY) growth in its standalone net profit, which stood at Rs 1,081 crore for the fourth quarter. Revenue from operations rose 4% YoY to Rs 9,519 crore.
The Board has recommended a final dividend of Rs 65 per share, subject to approval by the shareholders at the upcoming Annual General Meeting (AGM). The dividend payment will be completed within 30 days of the AGM.
The company’s EBITDA came in at Rs 1,416 crore, marking a 4% YoY growth. Profit Before Tax (PBT) for the quarter stood at Rs 1,442 crore, reflecting a 7% increase.
The company sold 13.81 lakh units of motorcycles and scooters during the quarter.
For the full year FY25, Hero MotoCorp reported its highest-ever revenue and profit at Rs 40,756 crore and Rs 4,610 crore, respectively.
The EBITDA margin for the year stood at 14.4%, marking an improvement of 40 basis points over the previous year. The margin expansion was driven by a favourable product mix, improved cost efficiencies, and lower commodity costs.
Hero MotoCorp said its strong performance during the year was underpinned by robust growth across the premium, scooter, and EV segments, driven by several new product launches.
Export volumes outpaced industry trends, and the company further expanded its premium retail footprint across India while also entering new global markets.
“We are observing strong retail traction, especially in our new premium and scooter offerings. Continued consolidation in the core segment, growth in the 125cc category, and the upcoming EV launch position us well for sustained momentum,” said Vikram S. Kasbekar, Executive Director and Acting CEO, Hero MotoCorp.
The company continued to accelerate its premiumization strategy with the launch of several new high-end models during FY25, including the Xtreme 250R, Xpulse 210, and the 2024 edition of the Xtreme 160R 2V. In the scooter segment, it reinforced its presence with the introduction of the New Destini 125, Xoom 125, and Xoom 160.
Hero MotoCorp also recorded its highest-ever EV sales, marking a nearly 200% increase over FY24.
On Tuesday, Hero MotoCorp shares were trading 0.14% higher at Rs 3,990 on the NSE.
The Board has recommended a final dividend of Rs 65 per share, subject to approval by the shareholders at the upcoming Annual General Meeting (AGM). The dividend payment will be completed within 30 days of the AGM.
The company’s EBITDA came in at Rs 1,416 crore, marking a 4% YoY growth. Profit Before Tax (PBT) for the quarter stood at Rs 1,442 crore, reflecting a 7% increase.
The company sold 13.81 lakh units of motorcycles and scooters during the quarter.
For the full year FY25, Hero MotoCorp reported its highest-ever revenue and profit at Rs 40,756 crore and Rs 4,610 crore, respectively.
The EBITDA margin for the year stood at 14.4%, marking an improvement of 40 basis points over the previous year. The margin expansion was driven by a favourable product mix, improved cost efficiencies, and lower commodity costs.
Hero MotoCorp said its strong performance during the year was underpinned by robust growth across the premium, scooter, and EV segments, driven by several new product launches.
Export volumes outpaced industry trends, and the company further expanded its premium retail footprint across India while also entering new global markets.
“We are observing strong retail traction, especially in our new premium and scooter offerings. Continued consolidation in the core segment, growth in the 125cc category, and the upcoming EV launch position us well for sustained momentum,” said Vikram S. Kasbekar, Executive Director and Acting CEO, Hero MotoCorp.
The company continued to accelerate its premiumization strategy with the launch of several new high-end models during FY25, including the Xtreme 250R, Xpulse 210, and the 2024 edition of the Xtreme 160R 2V. In the scooter segment, it reinforced its presence with the introduction of the New Destini 125, Xoom 125, and Xoom 160.
Hero MotoCorp also recorded its highest-ever EV sales, marking a nearly 200% increase over FY24.
On Tuesday, Hero MotoCorp shares were trading 0.14% higher at Rs 3,990 on the NSE.
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