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Hero MotoCorp Q4 Results: Earnings slightly better than estimates; ₹65 dividend declared

Published on 13/05/2025 03:02 PM

Hero MotoCorp Q4 Results: Earnings slightly better than estimates; ₹65 dividend declaredHero MotoCorp Q4 Results: Management remains optimistic about the near‐to‐mid‐term outlook ahead. The company also recommended a final dividend of ₹65 per share. Record date for the said dividend has been fixed as July 24, 2025.By Meghna Sen   May 13, 2025, 3:02:29 PM IST (Updated)2 Min ReadLeading two-wheeler manufacturer Hero MotoCorp on Tuesday, May 13, reported its March quarter earnings slightly better than estimates. Price hike boosted margin and realisation.

Net profit for the quarter rose 6.4% from the year-ago period to ₹1,081 crore. A CNBC-TV18 poll had pegged the figure at ₹1,089 crore.

Revenue rose 4.4% to ₹9,939 crore, which was higher than CNBC-TV18's poll of ₹9,705 crore. The same was ₹9,519 crore in the year-ago quarter.

Hero MotoCorp's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 4.4% year-on-year to ₹1,417.7 crore, which was higher than the CNBC-TV18 poll of ₹1,362 crore. The company reported an EBITDA of ₹1,359 crore in the same quarter a year ago.

EBITDA margin for the period stood at 14.26% as against last year's 14.30%. Margin was driven by a favourable product mix, enhanced cost efficiencies and commodity costs.

The company has recommended a final dividend of ₹65 per share of face value of ₹2 each. Record date for the said dividend has been fixed as July 24, 2025.

This will be subject to approval of the members of the company at the ensuing 42nd annual general meeting (AGM). The payment of the dividend will be completed within 30 days of declaration at the ensuing 42nd AGM.

"We achieved highest‐ever revenue and profit in the year, reinforcing our position as the market leader for the 24th consecutive year, closing both CY24 and FY25 at the top," said Vikram S Kasbekar, Executive Director & Acting Chief Executive Officer.

"Continued consolidation in the core segment, growth in the 125cc category, and the upcoming EV launch position us well for sustained momentum," Kasbekar added.

CFO Vivek Anand said the company remains optimistic about the near‐to‐mid‐term outlook ahead. Key macroeconomic indicators, including revised income tax slabs, repo rate cuts, a strengthening rural economy, and a favorable monsoon forecast, are expected to support industry growth.

Following the earnings announcement, shares of Hero Motocorp Ltd. are trading 0.60% lower at ₹3,961. The stock is down 5% so far in 2025.Continue ReadingFirst Published: May 13, 2025 2:55 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsHero MotoCorpHero MotoCorp earningsHero MotoCorp share price