Hero MotoCorp Q4 preview: Net profit may grow single digit on poor domestic sales

Growth is likely to be driven by higher average selling prices supported by price hikes and also premiumisation in its portfolio with products such as Mavrick, Karizma XMR and XTREME 250R
| Photo Credit:
ATUL YADAV

Hero MotoCorp, is expected to report a marginal growth year-on-year (y-o-y) in its net profit for the fourth quarter (Q4) ended March 31.

Analysts expect its Q4 revenue to pickup marginally due to subdued demand in the domestic market.

While the net profit is projected to surge 7.7 per cent y-o-y to ₹1,095 crore (as compared with ₹1,016 crore in the same quarter last fiscal), revenue is expected to rise by around two per cent y-o-y to ₹9,715 crore.

Growth is likely to be driven by higher average selling prices supported by price hikes and premiumisation of its portfolio with products such as Mavrick, Karizma XMR and XTREME 250R.

The company had reported a decline of 44 per cent in its April domestic wholesales (dispatches to dealers) to 2,88,524 units (5,13,296 units in April 2024). The decline is attributed to a temporary production halt from April 17–19 at its Dharuhera, Gurugram, Haridwar and Neemrana facilities, to facilitate supply chain alignment and conduct scheduled maintenance and infrastructure enhancements.

It anticipates normalisation in the current month.

The company also highlighted that its retail sales, as per Vahan data, recorded 5.05 lakh registrations for its internal combustion engine (ICE) two-wheelers in April 2025.

Shares of Hero MotoCorp’s were trading at ₹3,995.20 apiece on the BSE at 9.51 AM on Tuesday, up 0.12 per cent from the previous close.

Published on May 13, 2025