Hero MotoCorp Limited — Updates, 06-02-2025: Press Release
Hero MotoCorp has reported impressive financial results for the third quarter of FY'25, with revenues reaching ₹10,211 crore, a 5% increase compared to the previous year. The company's volume sales stood at 14.64 lakh units, slightly up from 14.60 lakh units year-on-year. Net profit after tax (PAT) rose by 12% to ₹1,203 crore, contributing to the highest-ever revenues and profits for the first nine months of the fiscal year, totaling ₹30,818 crore and ₹3,529 crore, respectively.
In addition to these results, Hero MotoCorp declared an interim dividend of ₹100 per share, equivalent to 5000%. The company is also embarking on a solar power project with an investment of up to ₹5.15 crore, aimed at enhancing its renewable energy footprint. The recent launch of new products, including motorcycles in the premium and scooter segments, indicates a strategic push for market growth. Analysts view this as a positive outlook, bolstered by robust sales and a focus on sustainability initiatives.
