Mumbai, Oct. 29 -- Sequentially, adjusted net profit rose 31.79% from Rs 1,412.36 crore in Q1 FY27.

Net sales increased 22.52% year on year to Rs 14,970.50 crore from Rs 12,218.39 crore. Revenue rose 14.05% quarter on quarter from Rs 13,126.35 crore in Q1 FY27.

Profit before tax stood at Rs 2,361.39 crore in Q2 FY27, up 22.94% vs previous quarter and 32.90% vs year-ago quarter.

Total expenditure increased 25% year on year to Rs 13,205.26 crore from Rs 10,564.62 crore. Raw material costs rose 26.27% to Rs 10,186.65 crore, while employee expenses increased 11.54% to Rs 809.21 crore. Interest costs rose 18.08% to Rs 22.73 crore, and depreciation increased 10.22% to Rs 231.76 crore.

During the quarter, Hero MotoCorp sold 18.68 lakh motorc...