New Delhi, Feb. 5 -- Hero MotoCorp Ltd recorded its highest-ever quarterly revenue during the October-December quarter, joining TVS Motor Company Ltd and Bajaj Auto Ltd in achieving this milestone, buoyed by the festive rush and goods and services tax (GST) cuts.
Hero MotoCorp, India's largest two-wheeler maker, on Thursday said its profit rose 15% year-on-year to Rs.1,275 crore in the third quarter of financial year 2026 (FY26), while revenue climbed 21% to Rs.12,784 crore.
The record quarterly revenue was driven by a 16% rise in sales to 1.69 million units, as the late-September GST cuts came into full effect during October-December.
"Conducive macroeconomic factors and favourable GST 2.0 tailwind helped in revival of rural demand, w...
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