Hero MotoCorp Limited has informed the Exchange regarding a press release dated November 03, 2025, titled "Press Release".
HEROMOTOCO · price
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Awaiting price reaction for this filing.
Hero MotoCorp reported strong festive season sales for October 2025, with retail registrations of 994,690 units on VAHAN, nearly touching the 1 million mark. The company posted its second consecutive month of over 6 lakh wholesale dispatches at 635,808 units, supported by GST benefits and festive demand. The VIDA electric vehicle brand grew 117% year-on-year, recording about 16,000 registrations in October, with the VX2 EVOOTER leading the charge. Hero expanded into European markets (Italy, Spain, UK, France) with Euro5+ compliant models Hunk 440 and Xpulse 200, taking its presence to 52 countries across 5 continents. Global sales in October grew 42.8% year-on-year to 30,979 units, while H1 FY26 global business grew 54% YoY to 175,997 units with 1.4% global market share.
Strong retail momentum and triple-digit EV growth are positive signals, though total October wholesales (635,808) dipped about 6.4% versus October 2024 (679,091) on a year-on-year basis. The European expansion and accelerating VIDA adoption support a positive long-term growth story for shareholders.