Hero MotoCorp rises after recording 29% YoY growth in Q1 PAT
Mumbai, Aug. 7 -- The company has sold 16.77 lakh units of motorcycles and scooters sold in Q1 FY27, which is higher by 23% on a year-on-year (YoY) basis. The sales volume for the same period last year was 13.67 lakh units.
Revenue from the company's parts, accessories, and merchandising (PAM) business stood at Rs 1,689 crore, thereby recroding a growth of 30% over previous year.
EBITDA improved by 25% YoY at Rs 1,727 crore for Q1 FY27 from Rs 1,382 crore in the same period in the previous year.
VIDA, Hero MotoCorp's Emerging Mobility Business, continued its strong growth trajectory during Q1 FY27, recording 151% year-on-year growth.
The company's global business sustained its strong growth momentum during Q1 FY'27, registering an imp...
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