Hero MotoCorp reported a net profit of ₹1,393 crore for the quarter ended September, up 16% from ₹1,204 crore a year ago, surpassing market expectations.
Revenue grew 16% to ₹12,126 crore, while EBITDA rose 20% to ₹1,824 crore. The company sold 1.69 million units during the quarter, driven by strong domestic demand, GST reforms, and a 77% increase in exports.
Hero MotoCorp said its refreshed product lineup and global expansion plans should support continued growth in the coming quarters.
Analysts see the performance as a positive indicator for the two‑wheeler industry’s recovery.