Tag: HERO MOTOCORP

New Delhi, June 18, 2025.Two-wheeler maker Hero MotoCorp on Wednesday said it will introduce subscription-based Battery-as-a-Service (BaaS) model for its electric scooter VIDA from next month.Along with a flexible 'pay-as-you-go' ownership model, the BaaS subscription solution will significantly reduce the upfront ownership cost, making electric mobility more affordable and accessible to a wider customer base, the company said in a statement."It will allow customers to have the option to finance the scooter chassis and battery separately, reducing significant upfront capital expenditure into manageable monthly payments," it added.

New Delhi, June 02, 2025Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, dispatched5.08 lakh motorcycles and scooters during May 2025, achieving both sequential and annual growth.The company continued its strong market momentum in the month with 5 lakh VAHAN* registrations, underlining a sustained customer preference and demand. The company continued to gain retail market share in May 2025, aidedby the positive response for its new products across the motorcycleand scooter categories. *Data from VAHAN except Telangana, as on June 1, 2025. VIDA,powered by Hero MotoCorp, continued to deliver growth with dispatchesof 8361units and7161 VAHAN registrations for the VIDA V2 electric scooter range. VIDA achieved a VAHAN market share of 7.2% ind...

New Delhi, May 2025.Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today announced its financial results for the fiscal year 2025 and fourth quarter (January 2025– March 2025). At the outset of the Board of Directors meeting, Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, stated: “The Pahalgam attack and the recent developments along our borders serve as a powerful reminder of the ongoing threats our nation faces. As we unite to confront terrorism and uphold the values of humanity, we are guided by the strong leadership of our Hon’ble Prime Minister, Shri Narendra Modi.Moments like these highlight the true essence of leadership — it’s not just about running organizations, but about shaping how we respond, how we support, and how we lead with em...

New Delhi, April 2025.Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reinforced its market leadership by closing FY’25 on a strong note, leading the two-wheeler industry in both retail and wholesale segments.FADA DataAs per retail data from the Federation of Automobile Dealers Associations (FADA)Hero MotoCorp extended its market leadership into the 24th consecutive year, registering total retail sales of 54,45,251 units in FY 2024-25. The company also led the market in March 2025, retailing a total of 4,35,828 units.On the EV front, the company recorded retail sales of 48,674 units of VIDA V2 in FY 2024-25, registering a 2.36% growth as compared to previous fiscal.Notably, March 2025 saw retail sales of 7,982 units of VIDA V2, repr...

New Delhi, March  2025.“Our strategic investment in Euler is a bold step towards realizing our vision to "Be the Future of Mobility." This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion, while highlighting the power of collaboration and adaptability in an ever-evolving market.As a global automotive leader, Hero MotoCorp is driven by sustainability, innovation and customer-centric progress. As we strengthen and diversify our presence in emerging mobility landscape, this investment allows Hero MotoCorp to venture into a rapidly growing electric three and four-wheeler market, while unlocking adjacent business opportunities and continuing to cement its leadership in the future of sustainable mobility.”Dr. Pawan Munjal,...

New Delhi, February 2025.Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, reported its financial performance for the third quarter (October–December 2024) of FY’25.The company's Revenue from Operations for the quarter stood at Rs. 10,211 Crore, this is the third consecutive quarter when the Company has reported revenue above Rs.10,000 Crore. Furthermore, the EBITDA margin expanded over the previous year and stood at 14.5%. Profit After Tax (PAT) stood at Rs.1,203 Crore, a growth of 12% over the previous year.The consolidated Revenue and PAT for the quarter were Rs.10,260 Crore and Rs.1,108 Crore, respectively.The company declared an interim dividend of Rs. 100 per share i.e. 5000%.Hero MotoCorp gained market share in the 100cc segment through...

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, is set to stimulate the 125cc scooter segment with the launch of the new Destini 125. Engineered to upgrade urban mobility, the New Destini 125 combines cutting-edge technology with unmatched mileage and unwavering reliability. It delivers a powerful fusion of performance and practicality, setting a new standard for everyday city rides, while reimagining rider expectations.The New Hero Destini 125 will be available in three variants:Destini 125 VX – Rs.80,450Destini 125 ZX – Rs. 89,300Destini 125 ZX+ - Rs. 90,300(Introductory Ex-Showroom price in Delhi)The New Destini 125 showcases Hero MotoCorp's dedication to innovation with 30 patent applications and industry-first features, s...

New Delhi, January 02, 2025CALENDAR-YEAR PERFORMANCEHero MotoCorp, the world's largest manufacturer of motorcycles and scooters, capped-off the calendar year 2024 on a positive note with sales of 59,11,065(5.9 Million) units of motorcycles and scooters from January – December 2024. This translates into a volume growth of 7.5% over the corresponding period CY’23, when the company sold 54,99,524(5.5million) units of two-wheelers.STRENGTHENINGGLOBAL-PRESENCEHero MotoCorp recorded a notable double-digit 49% growth in its global business sales during the CY’24.The company launched eight new models globally, each designed to cater to region specific customer preferences. The company inaugurated a state-of-the-art assembly facility in Nepal in collaboration with its partner, CG Mo...