Conference Call with Hero MotoCorp Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
2/3 Wheelers company Hero MotoCorp announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Volume – 15.20 lakh units of motorcycles and scooters sold in Q2FY25 (vs 14.16 lakh units Q2FY24). Revenue from operations- Rs 10,463 crore, a growth of 11% over the corresponding quarter in the previous fiscal. Earnings before Interest, Tax, Depreciation & Amortization (EBITDA) for Q2FY25 stands at Rs 1,516 crore, a growth of 14%. Net Profit After Tax (PAT) at Rs 1,204 crore a growth of 14%. H1FY25 Financial Highlights: Volume – 30.55 lakh units of motorcycles and scooters sold in H1FY25 (vs 27.69 lakh units Q2FY24). Revenue from operations- Rs 20,607 crore, a growth of 13% over the corresponding period in the previous fiscal. Earnings before Interest, Tax, Depreciation & Amortization (EBITDA) for H1FY25 stands at Rs 2,976 crore, a growth of 17%. Net Profit After Tax (PAT) at Rs 2,326 crore a growth of 24%. Niranjan Gupta, Chief Executive Officer (CEO), Hero MotoCorp, said: “We have continued our exceptional performance in Q2FY25, once again creating a new high in both topline and bottomline. Our strong focus on cash management has resulted in us delivering strong cash flow, strengthening our financial position even further. While our existing line up of strong brands continue to deliver in Entry and Deluxe segment , our journey to build a powerful portfolio in premium segment is progressing with pace. As unveiled in EICMA, we will see 3 more models in this segment in next 6 months ? Xpulse 210 , Xtreme 250R and Karizma XMR 250 . Apart from portfolio, we will continue to expand Premia stores targeting to cross 100 by the end of the current fiscal year. Our strong financials will allow us to now aggressively invest behind brand building. We are also planning a slew of launches in scooter segment, covering both ICE and EV. We will have 3 models coming in ICE scooters by March 2025, containing many first in class and best in class features. Our VIDA market shares continue to move up, and we will be expanding the portfolio to cover all price segments soon. The recently concluded festive season saw us clocking our highest ever retails at 16 lakhs units, backed by higher demand from rural sector. We believe that the strong monsoon will help the momentum in the Industry going forward. The fundamentals look good for Indian economy in general and 2 wheeler industry in particular” Result PDF