BSECompany Update6 Aug 2026 · 6 Aug 2026, 10:51 pm

Please find enclosed herewith a copy of the Press Release being issued by the Company.

Hero MotoCorp Ltd · 500182

✦ AI Summary▲ PositiveResults

Hero MotoCorp Ltd reported strong Q1 FY'27 financial performance with 36% revenue growth and 29% profit after tax growth. Revenue from operations stood at Rs. 12,999 Crore, and profit after tax was Rs. 1,454 Crore. The company delivered robust financial performance across its premium, scooter, electric mobility, global business, and commuter segments.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Hero MotoCorp Ltd - 500182 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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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 i ; Hero Press Release New Delhi, August 6, 2026 HERO MOTOCORP ACCELERATES INTO FY'27 WITH 36% REVENUE GROWTH & 29% PROFIT AFTER TAX GROWTH Q1 FY’27 REVENUE OF RS. 12,999 CRORE PROFIT AFTER TAX (PAT) OF RS.1,454 CRORE Highlights for Q1 FY’27 (Apr’26‐Jun’26) Highlights for Q1 FY’27 (Apr’26‐Jun’26) Standalone Consolidated  Volume – 16.77 lakh units of motorcycles  Revenue from operations - Rs.13,126 and scooters sold in Q1 FY’27 (vs 13.67 Crore (vs Rs.9,728 Crore), growth of 35% lakh units Q1 FY’26); 23% strong growth. over the corresponding quarter in the previous fiscal.  Revenue from operations – Rs.12,999 Crore (vs Rs. 9,579 Crore), growth of 36%  Earnings before Interest, Tax, over the corresponding quarter in the Depreciation & Amortization (EBITDA) previous fiscal. for Q1 FY’27 stands at Rs.1,746 Crore, (vs Rs. 1,413 Crore), growth of 24%  Earnings before Interest, Tax,  Profit before tax (PBT) - Rs.1,921 Crore. Depreciation & Amortization (EBITDA) for Q1 FY’27 stands at Rs.1,727 Crore (vs Rs. 1,382 Crore previous year),  Net Profit After Tax (PAT) – Rs.1,418 growth of 25%. Crore.  Net Profit After Tax (PAT) – Rs.1,454 Crore, growth of 29%. Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, today announced its financial results for the first quarter (April–June 2026) of FY'27, delivering strong performance across its premium, scooter, electric mobility, global business and commuter segments. The Company delivered robust financial performance with revenue growth of 36% and volume growth of 23%, reflecting sustained momentum across its key business segments. Revenue from Operations for the quarter stood at Rs. 12,999 Crore, against Rs. 9,579 Crore in the corresponding quarter of the previous year. EBITDA stood at Rs. 1,727 Crore and EBITDA margin was to 13.3%, Profit After Tax stood at Rs. 1,454 Crore, reflecting a growth of 29% over Rs. 1,126 Crore reported in the corresponding quarter of the previous fiscal. i ; Hero Press Release Consolidated Revenue for the quarter stood at Rs.13,126 Crore, representing a 35% year-on-year growth, while Profit After Tax (PAT) was Rs.1,418 Crore against Rs. 1,706 Crore in the previous year. The previous year PAT included a onetime gain of Rs.722 Crore on account of dilution of the Company’s share of investment in associates consequent to Public Issue and Private Placement. During the quarter, the Company sold 16.77 lakh motorcycles and scooters, registering a robust 23% year-on-year growth over the corresponding quarter of the previous year, underscoring sustained consumer demand across markets. Revenue from the Company's Parts, Accessories, and Merchandising (PAM) business stood at Rs. 1,689 Crore - a growth of 30% over previous year. Commenting on the performance, Harshavardhan Chitale, Chief Executive Officer, Hero MotoCorp said, "We have commenced FY'27 with strong momentum, delivering broad-based growth across our premium, electric mobility, commuter segments and global business. This performance reflects the strength and diversity of our portfolio, disciplined execution across the organisation, and our relentless focus on delivering superior value to our customers." He further added, "Our growth strategy is centered on building a future-ready mobility company by accelerating premiumisation, scaling our electric mobility business, expanding our global footprint while retaining our leadership in the commuter segment. Supported by continued investments in technology, innovation, manufacturing, and enhanced customer experience, we remain well positioned to deliver sustainable & profitable growth." As part of its commitment to sustainable innovation, the Company introduced flex-fuel variants of the iconic Splendor+ and HF Deluxe. The launch reinforces Hero MotoCorp's commitment to cleaner mobility while supporting the Government of India's vision of Atmanirbhar Bharat, Viksit Bharat and long-term energy security, while advancing the transition towards a more sustainable future. VIDA, Hero MotoCorp’s Emerging Mobility Business, continued its strong growth trajectory during Q1 FY’27, recording 151% year-on-year growth. An expanding portfolio and growing retail footprint further strengthened VIDA’s presence in the electric two-wheeler segment. The Company’s Global Business sustained its strong growth momentum during Q1 FY’27, registering an impressive 63% year-on-year growth. The performance was driven by sustained demand for an expanding premium product portfolio and strengthening its presence across international markets. The Harley-Davidson Business also delivered exceptional 105% year-on-year growth in Q1 FY’27 over the same period last year. The Company continued to strengthen the Harley-Davidson retail ecosystem, expanding the network to 21 full-line dealerships nationwide. These dealerships offer a premium portfolio comprising globally sourced Completely Built Unit (CBU) models along with locally manufactured X440 and X440 T, further enhancing accessibility for customers across India. i ; Hero Press Release Highlights | Q1 FY’27 (April 2026 – June 2026) Business • Growth was broad-based across the Entry, Deluxe, Premium and Scooter segments, spanning both ICE and electric portfolios. Scooter dispatches more than doubled to 1,93,058 units during the quarter. • Expanded channel presence with 70 new touchpoints, including new Premia outlets in Tamil Nadu and Assam, taking the total Premia network to 132 outlets across the country. Product • Unveiled the first flex-fuel motorcycle range – Splendor+ and HF Deluxe, accelerating the Company’s vision towards sustainable and clean mobility. • Expanded the ICE portfolio with Passion+ Disc, Super Splendor XTEC 2.0. • Awarded ‘Adventure Bike of the Year – XPulse 210’ and ‘Bike of the Year – Xtreme 250R’ at Bike India Awards 2026. Electric • Commenced retail of DIRT.E K3 off-road range in select markets, expanding Mobility VIDA’s portfolio beyond the urban commuter segment. • Deepened consumer engagement through Kolkata Knight Riders (KKR) partnership and “Ride Jitna, Pay Utna” Battery-as-a-Service campaign, featuring KKR players, to drive awareness and adoption of electric mobility. • VIDA received recognition and created milestones: - “Breakthrough Marketing Campaign of the Year” by Shri Nitin Gadkari, Hon’ble Minister of Road Transport & Highways at th [Showing first 8,000 characters — download PDF for full document]