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Hero MotoCorp
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Hero MotoCorp: A Dominant Force in Indian Two-Wheelers Hero MotoCorp Limited, headquartered in Delhi, stands as a leading multinational manufacturer of motorcycles and scooters in India. Boasting an approximate 30% market share in the domestic two-wheeler sector, the company's dominance is undeniabl...
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- Company type Public
- Industry Automotive
- Founded 19 January 1984
- Founders Brijmohan Lall Munjal
- Headquarters New Delhi, India
- Key people Pawan Munjal (Executive chairman)
- Revenue ₹34,727 crore (US$4.0 billion) (FY2023)
- Net income ₹2,799 crore (US$320 million) (FY2023)
- Number of employees 8,599 (2020)
- Subsidiaries Vida EV
- Website www.heromotocorp.com
Related Other Pages:
- BMW, General Motors and Tesla
Hero MotoCorp history
Last Updated : 22/03/25, 04:15 PM
Hero MotoCorp: From Joint Venture to Global Player Hero Honda, a joint venture between India's Hero Cycles and Japan's Honda, commenced operations in 1984. The Munjal brothers' Hero brand, holding a 26% stake alongside Honda, quickly established itself, notably through its fuel-efficient 'Fill it - ...
HERO MOTOCORP NEWS
Suzuki Motorcycle India overtakes Hero MotoCorp to be 3rd largest scooter maker in H1
October 13, 2019 2:14 pm
Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company.
Hero MotoCorp manufacturing plants to remain shut for 4 days till Aug 18
August 16, 2019 11:02 am
"While this has been part of the annual holiday calendar on account of Independence Day, Raksha Bandhan and the weekend, it also partly reflects the prevailing market demand scenario," the company said.
Hero MotoCorp Q4 profit falls 24% to Rs 730 crore
April 27, 2019 1:40 am
Operating profit margins contracted by 240 basis points y-o-y to 13.6 per cent. Consequently, the firm’s Ebitda (earnings before interest, taxes, depreciation and amortisation) dropped by 22 per cent y-o-y to Rs 1,069 crore.
Hero MotoCorp Q2 profit down 3.4 per cent
October 17, 2018 1:15 am
The company sold 21.34 lakh units in the September quarter, 5.5 per cent higher over the 20.23 lakh units sold a year ago.
Hero MotoCorp net up 3.5%, sales rise 6.2%
July 26, 2017 2:04 am
Hero MotoCorp, on Tuesday reported a 3.5 per cent YoY increase in its net profit during the April-June quarter on the back of revival in the demand for entry level motorcycles in the rural and semi-urban market. As a result, total two wheelers sales during the period increased by 6.2 per cent YoY to 18.65 lakh units which is the highest ever.
Hero MotoCorp aims to launch BS VI models much before 2020
July 05, 2017 5:21 pm
"In keeping with this spirit, we have already started our preparations for the launch of BS VI models and are aiming to launch BS VI compliant products well before the proposed timeline in 2020," Hero MotoCorp Chairman, MD and CEO Pawan Munjal said
Hero opens 1st overseas facility in Colombia
September 10, 2015 2:44 am
The new facility would manufacture 10 top models of Hero motorcycles and scooters (including new scooter Dash) and also act as an export hub for the region.
Hero MotoCorp launches new Passion Pro in India
June 17, 2015 4:03 pm
The new Passion Pro comes fitted with a 97.2cc APDV engine that generates a maximum power of 8.4PS @ 8000 rpm and a peak torque of 8.05 Nm @ 5000 rpm.
Market outlook: RBI policy review, Q3 results to drive stock markets, say experts
February 01, 2015 2:57 pm
RBI's monetary policy review and third quarter earnings from major companies like Bharti Airtel and Hero MotoCorp...
Hero MotoCorp to enter Europe by 2015
November 11, 2014 12:56 pm
The Leap was showcased for the first time as a concept in 2012, and was previewed in it’s production-ready form at the 2014 Delhi Auto Expo.
