Hero MotoCorp shares are expected to remain in focus on Friday after the two-wheeler major posted a 14% year-on-year (YoY) rise in consolidated profit for Q3FY26 and announced an interim dividend of Rs 110 per share.
Consolidated profit for the December quarter stood at Rs 1,268 crore, compared with Rs 1,108 crore a year earlier. Profit after tax (PAT) is attributable to the owners of the company.
Revenue from operations climbed 22% YoY to Rs 12,487 crore, supported by strong volume growth and improved realisations.
The board has fixed February 11, 2026, as the record date for the interim dividend for FY26, with the payout scheduled to be completed by March 7, 2026, as per the regulatory filing.
On the strategic front, Hero MotoCorp approved an additional investment of Rs 275 crore in Euler Motors Private Limited through a mix of primary infusion and secondary purchases, reinforcing its presence in the electric mobility segment.
On a sequential basis, PAT declined 3% from Rs 1,309 crore in Q2FY26, even as revenue edged up 2% quarter-on-quarter from Rs 12,218 crore.At the standalone level, revenue rose 21% to Rs 12,328 crore, while normalised PAT increased 20% to Rs 1,439 crore, indicating healthy underlying business momentum.
Volume performance
Hero MotoCorp reported sales of 16.97 lakh motorcycles and scooters in Q3FY26, compared with 14.64 lakh units in Q3FY25, translating into a 16% YoY growth in volumes.
Stock performance and technicals
On Thursday, Hero MotoCorp shares closed 1.47% lower at Rs 5,766 on NSE. The stock has delivered about 35% returns over the past year.
From a technical standpoint, Trendline data shows the stock’s 14-day relative strength index (RSI) at 54.1, indicating neutral momentum. An RSI below 30 signals oversold conditions, while readings above 70 suggest overbought levels.
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