Announced Wed, 28 Oct, 2026 · 20:07 IST
Q2 revenue rises 21%, but commodity costs pressure margins
HEROMOTOCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Q2 revenue rose 21% to ₹14,687 crore, EBITDA rose 8% to ₹1,968 crore, and profit after tax rose 5% to ₹1,456 crore. In H1, revenue rose 28% to ₹27,686 crore and profit after tax rose 16% to ₹2,911 crore. Q2 EBITDA margin was 13.4%, hit by commodity costs. Dispatches rose 10.5%, scooters and EVs led growth, and parts revenue rose 28.3% to ₹3,630 crore. Capacity is planned at 9.2 million units by March 2027.
Likely market impact
Strong revenue, volume and profit growth supports the stock, but commodity-driven margin pressure may restrain near-term earnings gains.