Automobile company Hero MotoCorp announced Q1FY25 results: Volume - 15.35 lakh units of motorcycles and scooters sold in Q1 FY’25 (Vs 13.53 lakh units Q1 FY’24) Revenue from operations - Rs 10,144 crore (highest ever quarterly Revenue), a growth of 16% over the corresponding quarter in the previous fiscal Earnings before Interest, Tax, Depreciation & Amortization (EBITDA) for Q1 FY’25 stands at Rs 1,460 crore, a growth of 21% Profit before tax (PBT) - at Rs 1,494 crore, a growth of 36% Net Profit After Tax (PAT) - at Rs 1,123 crore a growth of 36%. Highest ever quarterly underlying profit, adjusted for exceptional items. Mr. Niranjan Gupta, Chief Executive Officer (CEO), Hero MotoCorp, said, “We continue to be on the profitable growth journey, crossing Rs 10,000 crore revenue for the first time ever, accompanied by highest ever underlying PAT. As we surge forward, we are investing behind long term capability building to ensure sustained delivery of growth in future. We are seeing a sharp recovery in market share in 125 cc segment charged by the new model Xtreme 125 cc, while we continue to maintain formidable market share in entry and deluxe 100/110 cc segment of over 70% powered by our brands like Splendor, Passion, and HF deluxe. Our focus moving forward will be, building our brands in premium segment on the back of launches done in last few quarters, to win in this segment. We will be launching new models in scooters as well in next 2 qtrs, to re?energise this portfolio. We have seen now our EV brand Vida starting to increase its presence and market share, and we will be expanding portfolio into affordable segment within this fiscal. The overall economic indicators in India are promising, and the inclusive policies as well as capital allocation to infra and rural sector announced in union budget is expected to bolster demand. With inflationary pressures easing, consumer spending power is set to rise, further driving momentum as we gear up for a big festive season ahead. “Overall, we are optimistic about the demand trajectory for the coming quarters Our product launches and strategic initiatives are well?aligned to capitalize on this positive market environment, ensuring continued growth and value creation for all our stakeholders” Result PDF