Hero MotoCorp has launched the all-new power-packed VIDA V2 range of electric scooters.Commenting on the launch, Niranjan Gupta, Chief Executive Officer (CEO), Hero MotoCorp, said, The launch of the VIDA V2, with variants across price segments, represents a significant milestone in our EV journey. We are dedicated to providing a comprehensive ecosystem to customers that ensures a delightful ownership experience with convenient charging solutions and easily accessible service points. We will continue to meet customers` needs and expectations through a range of exciting products and best-in-class service.The VIDA V2 is available in three variants �V�h V2 Lite at Rs 96,000�h V2 Plus at Rs 115,000�h V2 Pro at Rs 135,000#Effective ex-showroom prices in Delhi less current subsidiesPowered by Capital Market - Live News

Hero MotoCorp sold 459,805 units of motorcycles and scooters in November 2024 compared to 4,91,050 units in November 2023, recording a decline of 6.4%. Total sales include motorcycle sales of 425,856 units (lower by 3.5% YoY) and scooter sales of 33,949 units (lower by 31.8% YoY). The company is geared to strengthen its premium and scooter portfolio with the launch of new models across ICE and EV segments. It expects a positive trend in the coming months on account of favourable economic indicators and improving customer sentiments. VIDA, Hero MotoCorp`s EV brand, sustained its festive momentum with good retail sales and an increase in market share. Additionally, the ongoing VIDA network expansion, through Hero Premia and Hero 2.0 outlets, continues to yield positive results.During the month, Hero MotoCorp continued to witness a positive trend in global business sales as well with a robust double-digit increase of 36%. Hero MotoCorp, achieved its highest-ever retail sales during the recent 32-day festive period, starting from Navratri. With sales of over 15.98 lakh (1.6 million) units, the company registered an impressive 13% growth compared to the festive season of 2023. VIDA crossed a significant milestone by achieving 11,600 retail sales during the same period. The HarleyDavidson X440 achieved sales of over 2800 units, highlighting the brand`s popularity.In the month of November, the company showcased its premium range of motorcycles and electric vehicles at EICMA 2024. It unveiled the much-anticipated Xpulse 210, Xtreme 250R, Karizma XMR 250 motorcycles and the VIDA Z electric scooter. These products cater to diverse riding preferences, from adventure and off-road enthusiasts to urban and ecoconscious riders.With a vision to transform mobility for Bharat and beyond, Hero MotoCorp launched the Hero For Startups (HFS) program. Hero For Startups (HFS) aims to identify and fund promising startups across the country that demonstrate the potential to transform the future of automotive industry.Powered by Capital Market - Live News

Net profit of Hero MotoCorp rose 5.70% to Rs 1063.71 crore in the quarter ended September 2024 as against Rs 1006.31 crore during the previous quarter ended September 2023. Sales rose 9.96% to Rs 10482.93 crore in the quarter ended September 2024 as against Rs 9533.07 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales10482.939533.07 10 OPM %13.8314.26 - PBDT1670.151547.19 8 PBT1464.051360.10 8 NP1063.711006.31 6 Powered by Capital Market - Live News

Hero MotoCorp has allotted 19,413 equity shares under Employee Incentive Scheme 2014. With this allotment, the paid up equity share capital has increased to Rs. 39,99,99,062/-divided into 19,99,99,531 equity shares of face value of Rs. 2/- each. Powered by Capital Market - Live News

Hero MotoCorp achieved its highest-ever retail sales during the recent 32-day festive period, starting from Navratri.With sales of over 15.98 lakh (1.6 million) units, the company registered an impressive 13% growth compared to the festive season of 2023.The robust demand for Hero MotoCorp`s products was evident across both urban and rural India. The 125cc motorcycle segment, with Xtreme 125R, emerged as a key growth driver, while the 100cc segment also contributed positively to the company`s strong sales performance.VIDA, Hero MotoCorp`s electric vehicle brand, crossed a significant milestone by achieving 11,600 retail sales during the same period. VIDA network`s ongoing expansion, leveraging Hero Premia and Hero 2.0 outlets, in conjunction with a heightened emphasis on the Top 30 towns, is yielding positive results. The upcoming portfolio expansion is set to infuse the brand with further impetus.The Harley-Davidson X440 achieved sales of over 2800 units, highlighting the brand`s popularity. As the company aims to expand the Premia network to over 100 locations by the end of this fiscal year, it will enhance the reach and accessibility of this aspirational brand.Powered by Capital Market - Live News