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The company’s two-wheeler dispatches in the same period last year were 6,37,050 vehicles.
Domestic sales for the period under review aggregated to 6,47,582 vehicles (up 5% YoY) and exports added up to 39,638 vehicles (up 94.83% YoY).
While motorcycle sales increased by 6,26,217 units (up 4.80% YoY), scooter sales jumped by 54.35% YoY to 61,003 units in September 2024.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters, with a global footprint spanning 48 countries across Asia, Africa and Latin America. It has collaborations with Harley-Davidson and Zero Motorcycles and strategic investments in Ather Energy and Euler Motors.
The company’s standalone net profit rose 0.3% to Rs 1,125.70 crore despite of 5.6% decline in revenue from operations to Rs 9,578.86 crore in Q1 FY26 over Q1 FY25.
Shares of Hero MotoCorp shed 0.16% to Rs 5,420.80 on the BSE.
With over 24 years of experience across diverse industries, Madhuri is a seasoned HR leader known for driving transformational change, building high-performance cultures, and aligning people strategies with business growth. She will be joining Hero MotoCorp from Emaar India, where she served as CHRO and Head of Communities, leading large-scale HR and organizational initiatives.
Prior to Emaar, she spent 16 years at Dalmia Bharat Group in leadership roles, including HR Head for the Cement business, as well as Corporate HR Head and Executive Director – HR. She played a key role in performance management, talent strategy, cultural transformation, and HR integration during mergers and acquisitions, alongside managing industrial relations across 14 plants. She began her career with Bharti Airtel, contributing significantly to talent acquisition, performance management, and HR digitization during a high-growth phase.
Hero MotoCorp today unveiled the all-new Destini 110 - a durable, stylish, and family-first scooter. Positioned as “Hero Ka Scooter - Scooter Ka Hero,” Destini 110 blends everyday practicality with segment leading features, exceptional fuel efficiency and a distinctive retro look. Building on the strengths of the Destini brand, the Destini 110 is set to redefine the largest sub-segment in the 110 cc commuter scooter category in India.
Designed to meet the evolving everyday needs of families as well as the first-time buyers, the Destini 110 delivers on all fronts - whether it is comfort and safety for daily commutes in family, reliability for working professionals or effortless style for college-goers owning their first ride.
All new Destini 110 is tailored for multi-functionality with all neo retro design, segment leading 56.2 kmpl mileage, a 785 mm long seat (longest in the segment) with integrated backrest, spacious legroom for comfort and robust metal body for durability - making it the perfect first scooter for daily commuting, weekend leisure, and load-carrying functionality.
Commenting on the launch, Ashutosh Varma, Chief Business Officer, India Business Unit – Hero MotoCorp, said, 'The 110cc scooter segment is the largest and the most competitive in the country, catering to millions of families and young riders alike. With the new Destini 110, we are strengthening our presence in this important category by introducing a versatile yet affordable scooter that can be a trusted companion for everyday mobility. This launch will further increase our volumes in the scooter segment while reinforcing Hero MotoCorp's leadership in providing accessible, reliable, and innovative mobility solutions.”