Hero MotoCorp Reports Strong January 2025 Sales, Achieves 141% Growth in Global Markets

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New Delhi, February 1, 2025

Hero MotoCorp Ltd. (NSE: HEROMOTOCO, BSE: 500182), the world’s largest two-wheeler manufacturer, reported robust sales figures for January 2025, with 442,873 units dispatched during the month. The company recorded a remarkable 141% year-on-year (YoY) increase in global markets and a 214% surge in electric vehicle (EV) salesunder its VIDA brand.

Key Financial Highlights

ParticularsJAN-25JAN-24YTD FY’25YTD FY’24
Motorcycles400,293402,0564,617,5424,297,019
Scooters42,58031,542343,973365,611
Total Sales442,873433,5984,961,5154,662,630
Domestic Sales412,378420,9344,744,3764,516,018
Exports30,49512,664217,139146,612
Hero MotoCorp's domestic sales stood at 412,378 units, while exports saw an exponential 141% growth with 30,495 units shipped globally, driven by strong demand in Bangladesh and Colombia.

EV Segment Growth & New Product Launches

The company’s electric vehicle (EV) brand, VIDA, recorded 214% YoY growth, with 6,669 units of its newly launched VIDA V2 electric scooter dispatched. The scooter, priced at ₹96,000, has strengthened Hero's position in the EV segment.
Additionally, Hero MotoCorp expanded its premium motorcycle lineup with the launch of:
  • Xtreme 250R
  • Xpulse 210
It also broadened its scooter portfolio with the debut of:
  • Destini 125
  • Xoom 125
  • Xoom 160 (a maxi-scooter)

Hero MotoSports Shines at Dakar Rally 2025

Hero MotoSports Team Rally secured an impressive 7th place in the Dakar Rally 2025, marking its second-best performance after finishing 2nd in 2024. This achievement solidifies the company’s reputation in the motorsports industry.

Strategic Outlook

The Union Budget 2025, presented on February 1, is expected to boost rural development and enhance consumer sentiment, which could drive further demand for Hero’s motorcycles and scooters. With new product launches and continued momentum in EV sales, Hero MotoCorp remains well-positioned for sustained growth in both domestic and international markets.
 
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