Hero MotoCorp Business Update
Hero MotoCorp has launched its VIDA electric vehicle brand in Nepal, marking the company's first international market entry through a partnership with CG Motors.
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Hero MotoCorp has launched its VIDA electric vehicle brand in Nepal, marking the company's first international market entry through a partnership with CG Motors.
Hero MotoCorp will hold a board meeting on August 6, 2026, to consider and approve the company's unaudited financial results for the quarter ending June 2026.
Hero MotoCorp entered Germany, its 53rd global market, partnering with KSR Group. The expansion targets establishing 30 sales and service outlets across major German cities.
Hero MotoCorp will invest Rs. 960 Crore in Ather Energy via convertible warrants. This transaction increases its stake from 29.48% to 30.68% on a fully diluted basis.
Hero MotoCorp approved an additional investment of up to Rs. 1,000 crore in associate company Ather Energy. The deal increases Hero's stake in the electric vehicle manufacturer.
Hero MotoCorp shared a specimen letter for shareholders providing web-links to the 43rd AGM notice and FY 2025-26 Integrated Annual Report.
Hero MotoCorp submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report includes an independent assurance statement from Bureau Veritas.
Hero MotoCorp will hold its 43rd AGM on August 5, 2026, via video conferencing. The company also submitted its Integrated Annual Report for FY 2025-26.
Hero MotoCorp submitted its Integrated Annual Report for FY 2025-26. The 43rd Annual General Meeting is scheduled for August 5, 2026, via video conferencing.
Hero MotoCorp launched the VIDA EVOOTER VX2 Plus 4.4 kWh electric scooter priced at Rs.1,43,990. The new variant offers a certified 187 km range.
Hero MotoCorp announces a ₹3,200 Crore investment roadmap in Andhra Pradesh. This includes a new Global Parts Centre with 1.2 million units capacity.
Hero MotoCorp posted a 23% YoY dispatch growth in Q1 FY'27, delivering 1.68 million units in April‑June 2026. Strong domestic and export sales underscore robust demand.
Hero MotoCorp granted 1,27,056 RSUs and PRSUs to eligible employees. The units vest over three to four years based on specific ratios.
Hero MotoCorp dispatched 570,068 units in May 2026, marking a significant growth over the previous year. Global business dispatches surged by 78%, supported by premium product expansion.
Life Insurance Corporation of India reduced its stake in Hero MotoCorp Ltd from 7.143% to 5.138%. The sale involved 4,011,383 equity shares via open market transactions.
Hero MotoCorp launched the Super Splendor XTEC 2.0 at Rs. 86,500. The upgrade features segment-first hazard lights and 72 kmpl mileage to strengthen segment leadership.
Hero MotoCorp reported record Q4 FY26 revenue of ₹12,797cr (up 29% YoY) and PAT of ₹1,401cr (up 30% YoY).
Hero MotoCorp's Board recommended a final dividend of 3,750% per equity share for FY 2025-26. The record date for the dividend is July 24, 2026, with payment expected by September 4, 2026, subject to shareholder approval at the AGM scheduled for August 5, 2026.
Hero MotoCorp Limited has re-appointed Mr. Pawan Munjal as Executive Director and Chairperson for a five-year term starting October 1, 2026. The board approved the decision during its meeting on May 5, 2026. This move ensures leadership continuity for the company through 2031.
Hero MotoCorp approved its FY26 audited results and recommended a final dividend of ₹75 per share. Dr. Pawan Munjal was re-appointed as Executive Chairman for a five-year term starting October 2026. The 43rd AGM is scheduled for August 5, 2026, with a dividend record date of July 24, 2026.
Hero MotoCorp Ltd recommended a final dividend of Rs. 75 per share (3,750%) for FY2026, subject to shareholder approval. The company also re-appointed Dr. Pawan Munjal as Executive Chairman for five years and approved FY2026 audited financial results.
Hero MotoCorp reported record annual consolidated revenue of ₹47,411 Crore and PAT of ₹5,776 Crore for FY26. The company declared a final dividend of ₹75 per share, bringing the total FY26 dividend to ₹185. Key highlights include record VIDA EV sales and expansion into European and UK markets.
Hero MotoCorp Ltd reported revenue from operations of ₹12,978 Cr (+30.2% YoY) and net profit of ₹1,474 Cr (+26.1% YoY) for Q4 FY26.
Hero MotoCorp reported record standalone annual revenue of ₹46,830.14 Crore and PAT of ₹5,268.21 Crore for FY26. The Board recommended a final dividend of ₹75 per share, bringing the total FY26 dividend to ₹185 per share. Dr. Pawan Munjal was re-appointed as Executive Chairman for a five-year term starting October 2026.
Hero MotoCorp Limited has appointed Sachin Agrawal as Chief Technology Officer (CTO) effective May 21, 2026. Agrawal, previously with VE Commercial Vehicles, succeeds Vikram Kasbekar, who will continue as Executive Director following his transition from the CTO role. This leadership change strengthens the company's technical R&D and electric mobility focus.
Hero MotoCorp Limited has allotted 3,161 equity shares following the exercise of stock options and restricted stock units (RSUs) by employees. This allotment increased the company's total paid-up share capital to ₹40.018 Crore. The transaction is part of the company's routine employee incentive and stock-based compensation programs.
Hero MotoCorp Ltd. allotted 3,161 equity shares under its Employee Incentive Scheme 2014 following the exercise of stock options and units. This increases the company's paid-up share capital to Rs. 40.01 Crore. The new shares rank pari-passu with existing equity.
Hero MotoCorp appointed Mr. Sachin Agrawal as Chief Technology Officer effective May 21, 2026. He succeeds Mr. Vikram Kasbekar, who will step down as CTO but continue as Executive Director. Agrawal brings 29 years of automotive R&D experience from VE Commercial Vehicles and Daewoo Motors to lead Hero's next-gen mobility and electrification transformation.
Hero MotoCorp reported a strong start to FY27 with April 2026 dispatches of 566,086 units, up from 305,406 units YoY. The company's EV brand, VIDA, saw 129% growth, while the ICE segment recorded its highest April dispatches post-pandemic. Global business also grew with 33,653 units dispatched and a new partnership in Ecuador.
Hero MotoCorp Limited has scheduled a Board Meeting for May 05, 2026, to consider a final dividend for the financial year. The company's trading window is closed from April 01, 2026, until May 07, 2026.