News ArticleHero MotoCorp Posts ₹2,910.70 Crore Profit After Tax for Half Year Ending September 30, 2026, Plans ₹300 Crore Investment in Netherlands Subsidiary
Board approves unaudited financial results and additional investment for overseas subsidiary to support subsidiaries in Colombia and Brazil
Hero MotoCorp declared its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting a profit after tax of ₹2,910.70 crore for H1 FY2027. The company also approved an additional investment of up to ₹300 crore in its wholly owned subsidiary, HMCL Netherlands B.V., to further invest in its subsidiaries in Colombia and Brazil.
Hero MotoCorp Ltd.
Financial Results
Hero MotoCorp Ltd. announced its unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2026, recording a profit after tax of ₹2,910.70 crore for the half-year period. Additionally, the company approved an investment of up to ₹300 crore in its Netherlands-based wholly owned subsidiary to facilitate further investments in its subsidiaries in Colombia and Brazil.
For the quarter ended September 30, 2026, Hero MotoCorp sold 18.68 lakh two-wheelers, generating a total income of ₹14,881.22 crore, with a profit before tax of ₹1,939.01 crore. For the half-year ended September 30, 2026, the company reported total income of ₹28,320.93 crore and a profit before tax of ₹3,894.87 crore.
The profit after tax for the half-year period was ₹2,910.70 crore compared to ₹2,518.53 crore in the same period last year.
The Board of Directors approved an additional investment in HMCL Netherlands B.V., a wholly owned subsidiary, amounting to ₹300 crore to be made in one or more tranches. This investment aims to support further investments in two overseas subsidiaries: HMCL Colombia S.A.S and Hero MotoCorp Do Brasil Ltda.
The financial results were reviewed by Deloitte Haskins & Sells LLP, who issued a limited review report confirming there were no material misstatements.
The Board meeting held on October 28, 2026, also considered the unaudited standalone and consolidated financial results and concluded proceedings at 5:30 p.m.
Highlights
- Profit after tax for half year ended September 30, 2026, stood at ₹2,910.70 crore.
- Total income for the half year was ₹28,320.93 crore.
- Two-wheeler sales for the quarter reached 18.68 lakh units.
- Board approved ₹300 crore investment in HMCL Netherlands B.V.
- New investment intended to fund subsidiaries in Colombia and Brazil.
- Financial results reviewed with no material misstatements reported.
Key Data Snapshot
What happened
- Hero MotoCorp approved an additional investment of up to ₹300 crore in its wholly owned subsidiary HMCL Netherlands B.V.
- The investment will be made in one or more tranches to further invest in overseas subsidiary companies HMCL Colombia S.A.S and Hero MotoCorp Do Brasil Ltda.
Financial performance
- Reported unaudited standalone financial results for the quarter and half year ended September 30, 2026.
- Profit after tax for the half year was ₹2,910.70 crore, compared to ₹2,518.53 crore in the prior year period.
- Total income for the half year was ₹28,320.93 crore.
- Number of two-wheelers sold during the quarter was 18.68 lakh units.
- Basic earnings per equity share for the half year was ₹145.44.
Regulatory and governance context
- Financial results reviewed by Deloitte Haskins & Sells LLP through limited review with no material misstatements noted.
- The announcement was made under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Board meeting commenced at 2:30 p.m. and concluded at 5:30 p.m. on October 28, 2026.
Highlights
- Profit after tax for half year ended September 30, 2026, stood at ₹2,910.70 crore.
- Total income for the half year was ₹28,320.93 crore.
- Two-wheeler sales for the quarter reached 18.68 lakh units.
- Board approved ₹300 crore investment in HMCL Netherlands B.V.
- New investment intended to fund subsidiaries in Colombia and Brazil.
- Financial results reviewed with no material misstatements reported.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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