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Hero MotoCorp Rides Exports, EVs to 9% Revenue Rise in FY25
Mint Chennai
|May 14, 2025
Delhi-based Hero MotoCorp's overseas sales surged 44% to 289,668 units in FY25, becoming a key growth driver
Hero MotoCorp Ltd, which sells about one in four motorcycles and scooters in the country, reported strong earnings in the financial year 2024-25, buoyed by higher exports and strong demand for its new premium motorcycles.
The Delhi-based company's revenue from operations rose 9% to ₹40,756 crore for the fiscal year ended 31 March. Its earnings before interest, taxes, depreciation, and amortization, or EBITDA, margin for the year increased 40 basis points to 14.4% due to higher sales of premium motorcycles. Its net profit during the year jumped 16% to ₹4,610 crore.
"Our success during the year was underpinned by robust growth across the premium, scooter, and EV segments, fuelled by several new product launches," Vikram S. Kasbekar, executive director and acting chief executive officer at Hero MotoCorp, said in a statement.
Dit verhaal komt uit de May 14, 2025-editie van Mint Chennai.
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