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GST cuts, festive rush drive record quarter for Hero MotoCorp, others
Mint Mumbai
|February 06, 2026
Hero MotoCorp
Hero MotoCorp, TVS Motor and Bajaj Auto have all posted their highest-ever quarterly revenues in October-December.
(MINT)
Ltd recorded its highest-ever quarterly revenue during the October-December quarter, joining TVS Motor Co. Ltd and Bajaj Auto Ltd in achieving this milestone, buoyed by the festive rush and goods and services tax (GST) cuts.Hero MotoCorp, the largest two-wheeler maker in India, on Thursday said its profit rose 15% from a year ago to ₹1,275 crore in the third quarter of FY26, while revenue climbed 21% to ₹12,784 crore, driven by 16% rise in sales to 1.69 million units, as the late-September GST cuts came into full effect in October-December.
Esta historia es de la edición February 06, 2026 de Mint Mumbai.
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