Please find enclosed herewith a copy of the Press Release being issued by the Company.
HEROMOTOCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hero MotoCorp dispatched 5.08 lakh motorcycles and scooters in May 2025, up from about 4.98 lakh units in May 2024, marking both sequential and year-on-year growth. The company recorded 5 lakh VAHAN retail registrations and said it continued to gain retail market share, helped by strong response to its new products. Its electric scooter brand VIDA dispatched 8,361 units with 7,161 VAHAN registrations, capturing a 7.2% VAHAN market share, and is preparing for a new product launch on July 1, 2025. The premium Premia retail network crossed 100 outlets, while global retail showed robust momentum in Bangladesh and Colombia. VIDA also ran its 'Charging Simple Hai' campaign during the IPL season to highlight removable battery technology.
Positive monthly update for shareholders, showing demand resilience, retail market share gains, and steady progress in the EV business ahead of a new VIDA launch. The YTD FY'26 numbers are still lower than YTD FY'25, suggesting the recovery is gradual, but improving monthly trends and new product pipeline should support near-term sentiment.