India's Hero MotoCorp rises after Q4 profit beat

Hero Motocorp

06/05/2026 05:05

** Shares of Hero MotoCorp up 1.91% to 5,206.5 rupees

** Splendor motorcycle maker posts profit beat; Q4 profit up 30% to 14.01 billion rupees ($147.5 million) YoY

** Q4 revenue rises 29% to 127.96 billion rupees

** Earnings benefit from tax cut on motorcycles with engines up to 350cc capacities, as well as expansion, exports and rising premium motorcycle sales amid improving rural demand

** Co's premium Harley Davidson portfolio posts 26% growth in dispatches YoY

** Stock rated "Buy" on average by 33 analysts; median PT at 6,227.5 rupees, as per data compiled by LSEG

** YTD, stock down 9.8%

($1 = 94.9600 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))