Hero MotoCorp reported a strong second quarter for FY27 (July to September 2026), with consolidated revenue rising 23% year-on-year to Rs 14,971 crore. Profit After Tax came in at Rs 1,861 crore, up 41% from the same quarter last year. The Parts, Accessories and Merchandising business also grew 27% to Rs 1,941 crore, reflecting the company’s push towards diversified revenue streams and brand extensions.
Premiumisation remains central to the strategy. Anuj Dua joined as Chief Business Officer for the Premium Segment from August 3, 2026, and the Harley-Davidson business grew 30% sequentially and 19% year-on-year in the first half. The company also crossed 50,000 Harley-Davidson X440 and X440T riders on Indian roads in September.
Scooters emerged as the key growth driver, with the portfolio rising 47% to 2.40 lakh units. Destini and Xoom dispatches grew 50% to 1.37 lakh units, lifting domestic ICE scooter market share by 1% to 7.3%. VIDA, the EV brand, recorded 76% retail growth to 66,531 units, and won two SAMMIE Awards plus the Fastest Growing Electric Two-Wheeler Brand title at the HT Auto Leadership Awards 2026.
CEO Harshavardhan Chitale credited strong product offerings and the ability to meet evolving customer aspirations. Hero entered Germany, its 54th global market, while VIDA debuted in Nepal. The company also announced over Rs 3,200 crore of cumulative investment in Andhra Pradesh, laying the foundation stone for its second Global Parts Centre in Tirupati.
