Hero MotoCorp reported its highest-ever quarterly revenue and profit for Q2 FY25, driven by strong sales momentum. Here are the key highlights:
- Sales Volume: The company sold 15.20 lakh units of motorcycles and scooters in Q2 FY25, marking an increase from 14.16 lakh units sold in the same quarter last year.
- Revenue: Revenue from operations reached ₹10,463 crore, reflecting an 11% YoY growth compared to the corresponding quarter of the previous fiscal.
- EBITDA: Earnings before Interest, Tax, Depreciation, and Amortization (EBITDA) for the quarter stood at ₹1,516 crore, an increase of 14% YoY.
- Net Profit (PAT): The net profit after tax rose 14% YoY to ₹1,204 crore, demonstrating the company’s robust operational performance.
H1 FY25 Performance:
- Sales Volume: Hero MotoCorp achieved a total sales volume of 30.55 lakh units for the half-year period, up from 27.69 lakh units in H1 FY24.
- Revenue: For H1 FY25, revenue from operations was ₹20,607 crore, a 13% increase over the same period in the previous fiscal.
- EBITDA: The half-year EBITDA stood at ₹2,976 crore, up 17% YoY.
- Net Profit (PAT): The net profit for H1 FY25 was ₹2,326 crore, a significant 24% growth over H1 FY24.
Hero MotoCorp attributed this growth to strong retail performance, including achieving its best-ever retail of 16 lakh units during the recent festival period. The company continues to capitalize on demand momentum, leading to record-breaking revenue and profit levels.
