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Hero MotoCorp Shares Gain Amid Strong January Sales and Export Growth


Last Updated: 4th February 2025 - 10:53 am
Hero MotoCorp's share price saw a modest rise in early trade on February 3 after the company reported improved sales figures for January 2025. At 09:28 AM, the stock was trading at ₹4,425.85, up ₹22.95 or 0.52% on the BSE. Hero MotoCorp shares hit an intraday high of ₹4,439.80 on BSE.
Strong Sales Performance in January
The two-wheeler giant recorded a 2.13% increase in total sales, reaching 4,42,873 units in January 2025, compared to 4,33,598 units in the same month last year. While domestic sales stood at 4,12,378 units, exports saw a significant jump, rising by 141% to 30,495 units. The company attributed this export growth to strong demand from key global markets such as Bangladesh and Colombia.

In the electric vehicle (EV) segment, Hero’s VIDA brand dispatched 6,669 units of the newly launched VIDA V2 electric scooter, which starts at ₹96,000.
Segment-Wise Performance
Motorcycle sales saw a slight decline of 0.44% year-on-year, totaling 4,00,293 units in January. On the other hand, scooter sales surged by 34.99%, reaching 42,580 units in the same period. In the domestic market, combined motorcycle and scooter sales dropped by 2.03% to 4,12,378 units, while exports soared by nearly 141% to 30,495 units.
Financial Performance and Leadership Changes
In Q2 FY25, Hero MotoCorp Share reported a strong financial performance with a 26.29% jump in consolidated net profit to ₹1,045.89 crore. Revenue from operations also rose by 15.4% to ₹10,210.79 crore compared to the same quarter last year.
Investors are also keeping an eye on the company’s upcoming board meeting scheduled for February 6, 2025. The meeting will review the unaudited financial results for the quarter and nine months ending December 31, 2024.
Additionally, leadership changes are on the horizon. The company recently announced that Executive Director Vikram Kasbekar will take over as the acting CEO starting May 1, 2025. He will replace Niranjan Gupta, who has decided to step down from his role on April 30, 2025, to explore other opportunities.
Conclusion
Hero MotoCorp’s steady sales growth, driven by strong exports and a rising demand for EVs, has supported a positive market reaction. While domestic sales saw a slight decline, the sharp increase in exports and scooter sales may indicate resilience in the company's overall performance. With the upcoming financial results announcement and a leadership transition on the horizon, investors will closely watch the company’s future trajectory.
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