BSEBoard Meeting6 Aug 2026 · 6 Aug 2026, 10:32 pm
The Board of Directors at its meeting held today viz. August 6, 2026 , has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. A copy ....
Hero MotoCorp Ltd · 500182
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Hero MotoCorp Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with revenue from operations at ₹12,998.82 crore and a net income of ₹13,439.71 crore.
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Growth Catalyst2/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10
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Hero MotoCorp Ltd - 500182 - Board Meeting Outcome for Board Meeting Outcome For Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2026
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it Hero
August 6, 2026
Asst. Vice President, Listing Deptt., The Secretary,
National Stock Exchange of India Ltd. BSE Limited
Exchange Plaza, Plot C-1, Block G, 25th Floor,
Bandra Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (E), Dalal Street,
Mumbai - 400 051 Mumbai - 400 001
Scrip Code: HEROMOTOCO Scrip Code: 500182
Subject: Compliance under SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”)
Re.: Outcome of Board Meeting held on August 06, 2026
Dear Sir / Madam,
Please note that the following matters were considered and approved at the Board Meeting
held today i.e. August 6, 2026:
1. The unaudited standalone and consolidated financial results for the quarter ended June
30, 2026. A copy of the said results along with the limited review report, is enclosed.
A press release issued in this regard, is also enclosed.
2. Setting-up of a company under Section 8 of the Companies Act, 2013, to undertake
Corporate Social Responsibility initiatives. Relevant disclosure under Listing Regulations
is enclosed as Annexure-A.
The meeting of the Board of Directors commenced at 03:00 p.m. and concluded at 07:45 p.m.
Kindly take the aforesaid information on your records.
Thanking you,
For Hero MotoCorp Limited,
Prabhat Singh
Company Secretary & Compliance Officer
Encl.: As above
Hero MotoCorp Ltd.
Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India
Tel. +91-11-46044220, Fax +91-11-46044399 1 Email: corporate.communicationfteromotocorp.com 1 www.heromotocorp.com CIN: L35911 DL1904PLC017354
Deloitte Chartered Accountants
7th Floor Building 10
Haskins & Sells LLP Tower B
DLF Cyber City Complex
DLF City Phase II
Gurugram-122 002
Haryana, India
Tel: +91 124 679 2000
Fax: +91 124 679 2012
INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF HERO MOTOCORP LIMITED
1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of Hero MotoCorp
Limited ("the Company"), for the quarter ended June 30, 2026 ("the Statement"), being submitted by the
Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (the "Listing Regulations").
2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the
Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the
Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally
accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a
conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410
'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the
Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making
inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying
analytical and other review procedures. A review is substantially less in scope than an audit conducted in
accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and
consequently does not enable us to obtain assurance that we would become aware of all significant matters that
might be identified in an audit. Accordingly, we do not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us
to believe that the accompanying Statement, prepared in accordance with the recognition and measurement
principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally
accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it
is to be disclosed, or that it contains any material misstatement.
For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
(Fir tration No. 117366W/W-100018)
skin
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Vijay Agarwal
Partner
(Membership No. 094468)
UDIN: 2.‘o Cs. y12.1 asc rKuN 62_18,
Place: New Delhi
Date: August 06, 2026
Regd. Office: One International Center, Tower 3, 31st floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India.
Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737
HERO MOTOCORP LIMITED
Statement of Standalone Un-audited Financial Results for the quarter ended June 30, 2026
Quarter ended Year ended
June 30, March 31, June 30, March 31,
Particulars 2026 2026 2025 2026
Un-audited
Un-audited Un-audited Audited
refer note 9
1 No. of Two wheelers sold (In Lakhs) 16.77 17.14 13.67 64.69
2 Income
(a) Revenue from operations 12,998.82 12,796.53 9,578.86 46,830.14
(b) Other income 440.89 208.63 303.67 1,041.01
Total income 13,439.71 13,005.16 9,882.53 47,871.15
3 Expenses
[a] Cost of raw materials consumed 9,222.18 8,349.31 6,295.15 30,844.41
[b] Purchase of stock-in-trade 222.32 212.37 147.55 796.53
[c] Changes in inventories of finished goods,
(154.78) 203.88 (52.32) (78.01)
stock-in-trade and work-in-progress
[d] Employee benefits expense 699.11 681.39 626.01 2,710.50
[e] Finance costs 6.28 5.54 5.61 22.76
[f] Depreciation and amortisation expense 205.31 203.86 192.77 798.00
[g] Other expenses 1,283.43 1,494.02 1,180.76 5,685.95
Total expenses 11,483.85 11,150.37 8,395.53 40,780.14
4 Profit before exceptional item and tax (2-3) 1,955.86 1,854.79 1,487.00 7,091.01
5 Exceptional item
Expenses towards-New Labour Code (Refer note 8) - - - 119.00
6 Profit before tax (4-5) 1,955.86 1,854.79 1,487.00 6,972.01
7 Tax expense
Current tax 475.37 466.59 336.32 1,630.25
Deferred tax charge/(credit) 26.01 (12.93) 24.98 73.55
Total tax expense 501.38 453.66 361.30 1,703.80
8 Profit after tax (6-7) 1,454.48 1,401.13 1,125.70 5,268.21
9 Other comprehensive income /(loss)
Items that will not be reclassified subsequently to profit or loss:
[a] Re-measurement of defined benefit plans (5.37) 1.14 (4.42) (21.36)
[b] Income tax effect 1.35 (0.28) 1.11 5.38
Total Other comprehensive income /(loss), net of tax (4.02) 0.86 (3.31) (15.98)
10 Total comprehensive income, net of tax (8+9) 1,450.46 1,401.99 1,122.39 5,252.23
11 Paid-up equity share capital 40.02 40.02 40.00 40.02
Face value of the share (In Rupees) 2.00 2.00 2.00 2.00
12 Other equity 21,538.07
Earnings per equity share on profit after tax
(face value Rs. 2/- each) [In Rupees]*
Basic 72.69 70.04 56.28 263.34
Diluted 72.63 69.96 56.22 263.07
* Basic and Diluted earnings per share (EPS) for all periods except year ended March 31, 2026 are not annualised.
Hero MotoCorp Ltd.
Regd. Office: The Grand Plaza, Plot No.2, Nelson Mandela Road, Vasant Kunj - Phase -II, New Delhi - 110070, India
Tel. +91-11-46044220, Fax +91-11-46044399 I Email: corporate.communication@heromotocorp.com I www.heromotocorp.com I CIN: L35911 DL1984PLC017354
Hero
1 The above un-audited standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under
Section 133 of Companies Act, 2013, read together with the Companies (Indian Accounting Standard) Rules, 2015 (as amended).
2 The above un-audited standalone financial results for the quarter ended June 30, 2026 have been reviewed and recommended by the Audit
Committee and approved by the Board of Directors in their meetings held on August 06, 2026.
3 On May 05, 2026, the Board of Directors had considered and approved final divide
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