Hero MotoCorp reported a 40.85% year-on-year increase in consolidated net profit to Rs 1,860.55 crore for the second quarter of FY27, compared with Rs 1,320.98 crore a year earlier, with net profit attributable to owners at Rs 1,861.33 crore, up 41.03%, Autocar Professional reported from the company's results.

Source: Autocar Professional

On a standalone basis, net profit rose 4.55% to Rs 1,456.22 crore from Rs 1,392.83 crore, while standalone revenue from operations grew 21.12% to Rs 14,687.43 crore from Rs 12,126.37 crore, the results showed. Consolidated total income reached Rs 15,172.00 crore, against Rs 12,458.78 crore in Q2 FY26.

Rs 397 crore associate gain and the cost picture

The consolidated numbers include an exceptional gain of Rs 397 crore in the share of profit of associates, recognised after a change in the company's share of investment in an associate following capital raising through a Qualified Institutional Placement and private placement, according to the review notes cited by Autocar Professional. Profit before exceptional items and tax stood at Rs 2,361.39 crore, against Rs 1,776.88 crore a year earlier, while total consolidated expenses rose 25% to Rs 13,227.99 crore and raw material costs climbed to Rs 10,186.65 crore.

The board also approved an additional investment of up to Rs 300 crore in wholly-owned subsidiary HMCL Netherlands B.V., to be deployed over two years in tranches to fund step-down subsidiaries HMCL Colombia S.A.S. and Hero MotoCorp Do Brasil Ltda, Kalkine reported from the company's board filing, confirming the same Rs 300 crore approval and the standalone figures.

Source: Kalkine

Yaani in simple words: Hero earned about Rs 1,861 crore profit in three months — roughly Rs 20 crore a day — helped by selling over 18.68 lakh two-wheelers in the quarter and a one-time Rs 397 crore gain from an associate company; it will now put up to Rs 300 crore more into its Colombia and Brazil businesses.