Hero MotoCorp Q1FY26: Strong Core, Mixed Consolidated Performance

Hero MotoCorp delivered a strong Q1FY26 standalone performance, with revenue rising to ₹12,999 Cr and PAT jumping 29% YoY to ₹1,454 Cr, reflecting robust core business execution. However, consolidated PAT declined 17% YoY to ₹1,418 Cr despite revenue growth to ₹13,126 Cr, highlighting pressure at the group level. Overall, the quarter points to solid standalone momentum but mixed consolidated profitability.