Hero MotoCorp Shares Climb Nearly 3% After Strong Q1 Results

oCorp shares rose 2.86% on Friday after the two-wheeler major reported robust first-quarter numbers for FY27. Standalone net profit jumped 29% year-on-year to Rs 1,454 crore, compared with Rs 1,126 crore in the same period last year. Revenue from operations surged 36% to Rs 12,999 crore, while overall motorcycle and scooter volumes climbed 23% to 16.77 lakh units. EBITDA also grew 25% to Rs 1,727 crore, reflecting healthy margin performance. The gains were broad-based across premium, scooter, electric and global segments. Brokerages such as Motilal Oswal retained a Buy rating, citing the earnings beat driven by strong realisations and volume growth. Investors reacted positively to the solid operational show, pushing the stock higher in Friday’s trade.