Hero MotoCorp announced financial results for the third quarter (October–December 2024) of FY 2025 along with an interim dividend.
Post the announcement, on February 7, 2025, Hero MotoCorp share price opened at ₹4,319.95, up from its previous close of ₹4,230.05. At 11:21 AM, the share price of Hero MotoCorp was trading at ₹4,258.35, up by 0.67% on the NSE. Notably, the stock price touched its 52-week low recently on January 13, 2025, at ₹3,997.50.
For Q3 FY 2025, Hero MotoCorp’s Revenue from Operations stood at ₹10,211 crore, marking the third consecutive quarter with revenue exceeding ₹10,000 crore.
The company’s EBITDA margin expanded to 14.5%, reflecting improved operational efficiencies and cost control. Hero MotoCorp’s Profit After Tax (PAT) reached ₹1,203 crore, demonstrating a healthy growth of 12% compared to the previous year.
The consolidated revenue for the quarter was ₹10,260 crore, while PAT stood at ₹1,108 crore.
Hero MotoCorp gained market share in the 100cc and 125cc segments, primarily through its flagship models like the Splendor and Xtreme 125R. The company also reported its highest-ever quarterly retail sales, driven by strong festive season demand.
Furthermore, Hero MotoCorp’s growth was supported by impressive performance in both its electric vehicle (EV) and global operations. The VIDA brand saw its highest-ever monthly retail sales, expanding its market share in the EV sector. Additionally, Hero MotoCorp’s global business witnessed growth, outperforming industry trends, with Bangladesh and Colombia leading the charge.
Hero MotoCorp declared an interim dividend of ₹100/- per equity share, representing a remarkable 5000% payout. The record date for determining entitlement of shareholders is set for February 12, 2025, and the dividend will be paid by March 8, 2025.
Vivek Anand, Chief Financial Officer (CFO) of Hero MotoCorp, said, “The performance in this quarter and fiscal year, reflects the successful execution of our strategic priorities. Demonstrating strong year-to-date results in both top-line and bottom-line growth, we have achieved the highest-ever nine-month revenue and profits.”
He further added, “As we move into the next fiscal year, the products launched at Bharat Mobility will further strengthen our presence in the premium and scooter segments. The Union Budget 2025’s emphasis on tax relief for the middle class, along with continued investment in infrastructure and support for the agricultural sector, is expected to boost consumer confidence and drive demand growth in the auto industry.”
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Published on: Feb 7, 2025, 12:39 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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