The Board of Directors at its meeting held today, viz. May 5, 2026 has considered and approved the matters given in the attached file.
HEROMOTOCO · price
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Hero MotoCorp reported strong FY2026 results with standalone revenue of Rs 46,830 crore, up 15% from Rs 40,756 crore last year. Net profit grew 14% to Rs 5,268 crore. Two-wheeler sales volumes increased to 64.69 lakh units from 58.99 lakh units. EPS stood at Rs 263.34. The Board declared a final dividend of Rs 75 per share (3,750%), taking the total dividend for FY2026 to Rs 185 per share including the interim dividend of Rs 110 already paid. Dr. Pawan Munjal has been reappointed as Executive Chairman for another 5 years from October 1, 2026. The 43rd AGM is scheduled for August 5, 2026 with record date July 24, 2026 for dividend entitlement. Deloitte gave an unmodified audit opinion.
Strong all-round performance with double-digit revenue and profit growth and higher volumes. Enhanced dividend payout signals confidence. Reappointment of chairman provides continuity.