India, Aug. 10 -- Electric scooters have been a tough nut to crack for old-school motorcycle companies in India. Range anxiety, charging worries, and stiff local competition have made this a slow build for most legacy names. But the Q1 FY27 numbers from one such player show the EV push finally picking up real pace, backed by a fresh capex plan.

Q1 Performance Hero MotoCorp's revenue from operations came in at Rs12,999 crore in Q1 FY27, up 36% from Rs9,579 crore a year back, driven by volume growth of 23%, better product mix, and pricing gains.

EBITDA rose 25% to Rs1,727 crore, though margin stood at 13.3% as commodity costs weighed in, partly offset by cost savings. Profit after tax grew 29% to Rs1,454 crore, helped by higher volumes ...