Hero MotoCorp Q3FY26 results: ₹110 dividend, profit up

Share price action ahead of results

Hero MotoCorp, India’s leading two-wheeler manufacturer, saw its share price end nearly 1% lower at ₹5,529.05 per share on the BSE as the market tracked its upcoming quarterly results. The move came as investors focused on the company’s scheduled board meeting to consider unaudited financials for the quarter and nine months ended December 31, 2025. Separately, a later market snapshot in the provided data showed the stock at ₹5,172.5, down 4.67% on March 19, 2026. While these price points are from different dates, both reflect that trading was closely linked to corporate updates around results and shareholder payouts.

Board meeting: what the company put on the agenda

In an exchange filing, the company said its board of directors would meet on Thursday, February 5, 2026. The agenda included reviewing and approving the unaudited standalone and consolidated financial results for the third quarter, and reviewing performance for the quarter and nine months ended December 31, 2025. The company also indicated the board may consider declaring an interim dividend for FY2025-26.

Q3FY26 results approved for quarter ended December 31, 2025

Following the meeting held on February 5, 2026, the Board of Directors considered and approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company said a copy of the results along with the limited review report was enclosed, and that a press release was also issued.

The data provided includes multiple Q3 performance figures. One set states Hero MotoCorp reported a 14% year-on-year rise in Q3FY26 consolidated profit to ₹1,268 crore, driven by strong volumes and better realisations, with revenue jumping 22% to ₹12,487 crore. Another set, attributed to the quarter ended December 31, 2025, states revenue from operations rose 21% year-on-year to ₹12,328.38 crore versus ₹10,210.78 crore a year earlier, supported by a 16% increase in sales volume.

Profitability metrics in the same Q3 summary showed EBITDA rising 23% year-on-year to ₹1,810 crore, with EBITDA margin expanding by 22 basis points to 14.7% on a favourable product mix and better pricing. Profit After Tax (PAT) for Q3FY26 was stated at ₹1,348.55 crore, up 12% from ₹1,202.84 crore in the corresponding quarter of the previous year. On a normalized basis, adjusting for exceptional items, PAT was stated at ₹1,439 crore, up 20% year-on-year. EPS for the quarter was reported at ₹67.40 versus ₹60.15 a year ago.

Interim dividend: ₹110 per share and key dates

A key board decision was the approval of an interim dividend at 5,500%, which translates to ₹110 per equity share for FY2025-26 on a face value of ₹2 per share. The board fixed February 11, 2026 as the record date to determine shareholder eligibility for the interim dividend. The company said payment of the interim dividend will be completed by March 7, 2026.

Earnings call scheduled for February 6, 2026

In continuation of the company’s January 21, 2026 communication about the board meeting, Hero MotoCorp also notified that an earnings conference call with analysts and investors was planned for Friday, February 6, 2026. Such calls typically follow results announcements and provide additional operational context to the published financials.

What Q2 numbers suggested heading into Q3

Before the Q3 board meeting, Q2 figures provided a reference point for expectations. The company reported consolidated net profit of ₹1,309 crore in Q2, up 23% from ₹1,064 crore in the same quarter last year. Revenue from operations for Q2 was reported at ₹12,218 crore compared with ₹10,483 crore in Q2 2024-25. Sales volume in Q2 was stated at 16.91 lakh units versus 15.2 lakh units in the corresponding period last year.

The Q2 context mattered because the company’s disclosures also linked the upcoming Q3 review to demand trends, including a surge in sales and festive-season demand.

Investments highlighted in the updates

The provided information also included board-approved investments. One update said Hero MotoCorp’s board approved an investment of up to ₹170 crore for Global Parts Center 2.0 in Tirupati, Andhra Pradesh. Another update said the company announced a ₹275 crore investment in Euler Motors.

Key figures at a glance

Market impact and why the decisions mattered

For shareholders, the interim dividend announcement was the most direct near-term outcome from the board meeting, with a clearly stated per-share payout, record date, and payment timeline. For analysts tracking operating performance, the approved unaudited results for the quarter and nine months ended December 31, 2025 created an official snapshot of margins, profitability, and volumes during the period.

The combination of higher profit figures, revenue growth, and the stated investments also shaped how the market interpreted the company’s capital allocation priorities. In addition, the scheduled earnings call on February 6, 2026 positioned management to provide further detail to investors following the release of the results.

Conclusion

Hero MotoCorp’s February 5, 2026 board meeting marked a key checkpoint for Q3FY26, with the company approving unaudited financial results and declaring an interim dividend of ₹110 per share. Investors also tracked disclosures on investments, including Global Parts Center 2.0 in Tirupati and Euler Motors. The next immediate event flagged by the company was the earnings conference call scheduled for February 6, 2026, which was expected to add context to the published numbers and decisions.