The company’s revenue from operations stood at Rs 12,487 crore in Q3FY26, up 22% over Rs 10,260 crore posted in the corresponding period of the last financial year.
The company declared an interim dividend of Rs 110 per equity share for the financial year 2025-26 and has fixed February 11, 2026 as record date for determining entitlement of members for receiving the purpose of payment of interim dividend. The payment will be made by March 7, 2026, the company filing said.
The company’s board also approved additional investment of Rs 275 crore in one or more tranches, through a combination of primary infusion and secondary purchase in Euler Motors Private Limited.
The PAT fell 3% on a QoQ basis from Rs 1,309 crore in Q2FY25 despite the topline rising 2% quarter-on-quarter over Rs 12,218 crore in the July-September quarter of FY26.
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The standalone revenue rose 21% to Rs 12,328 crore while normalized PAT witnessed a 20% growth at Rs 1,439 crore.
Hero MotoCorp Q3 volume
The company sold 16.97 lakh motorcycles and scooters in Q3FY26 versus 14.64 lakh units Q3FY25. This implies a 16% YoY growth.The Q3FY26 Earnings Before Interest, Tax, Depreciation & Amortization (EBITDA) for Q3 FY26 stood at Rs 1,810 crore, recording a 23% YoY growth. The EBITDA margin for the quarter stood at 14.7%, an expansion of 22 bps over the previous year, supported by favorable product mix, pricing and operational efficiencies.
Hero MotoCorp Management speak
Commenting on the company’s performance, Chief Financial Officer (CFO) Vivek Anand attributed Hero Moto’s positive growth performance led by healthy double‐digit growth in volumes and retail momentum. “Steady focus on operational excellence, product mix optimization, consumer‐centricity and innovation remained our core pillars enabling consistent financial performance during the quarter. Conducive macro‐economic factors and favorable GST 2.0 tailwind helped in revival of rural demand which further drove consumer traction for motorcycles and growth for the economy,” he said.