Hero MotoCorp, the world’s largest two-wheeler manufacturer, has announced its financial results for Q4 FY2026 and fiscal year 2026.

In Q4 FY2026, the company sold 6.46 million units, which translates to a revenue of INR 127.9 billion, representing a growth of 29 percent compared to INR 99.39 billion in the same period last year. Net profit for the quarter was INR 14.01 billion, a 30 percent YoY growth.

In FY2026, Hero MotoCorp sold 64.69 million units, revenue from operations of INR 468.30 billion and a net profit of INR 52.68 billion. The EBITDA margin for the year was 14.7 percent, an increase of 30 basis points from the previous year.

Harshavaradhan Chitale, CEO, Hero MotoCorp, said, “FY2026 marks a defining chapter for Hero MotoCorp. Our record performance reflects not only our sustained leadership as the world’s largest manufacturer of motorcycles and scooters for 25 consecutive years, but also our commitment to defining the future of mobility. This growth was broad-based, driven by a strong premium and EV product portfolio and momentum across both, domestic and global markets. As we look ahead, we are encouraged by the supportive government policies, positive consumer loyalty and sentiment and the accelerating shift towards electrification and premiumisation. These factors position us well for FY2027, as we continue to lead the industry’s transition towards sustainable and innovative mobility solutions.”

The company reported growth across its product segments, including the 100cc to 125cc, scooter and premium categories. The company’s electric vehicle brand, VIDA, reached retail sales of 151,748 units, a growth of 190 percent over the previous year. Its market share increased from 6.1 percent in March 2025 to 11.2 percent in March 2026. The Harley-Davidson business recorded a 26 percent increase in dispatch volumes, expanding its network to 150 touchpoints.

Global operations reached a dispatch volume of 403,00 units, a 40 percent YoY growth. The company entered markets in Europe and the United Kingdom, bringing its presence to 52 countries. The parts, accessories and merchandising business generated revenue of INR 61.47 billion. Hero MotoCorp also increased its stake in Euler Motors to 36.7 percent.

During the year, several leadership appointments were made. Harshavardhan Chitale was named CEO, Kausalya Nandakumar became Chief Business Officer for the Emerging Mobility Business Unit, and Madhuri Mehta was appointed Chief Human Resources Officer. Other appointments included Latika Taneja as Head for Corporate Communications, Manish Srivastava as Chief Quality Officer, and Sachin Agrawal as Chief Technology Officer.

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TVS Motor Company has launched the TVS iQube MillionR special edition to mark reaching one million customers for its electric scooter model.

The special edition is built on the 3.5 kWh variant of the TVS iQube, which offers an IDC range of 145 kilometres. The model features an Aurora Green Dual Tone finish, revised graphics, seat upholstery and dedicated badging.

The company has increased the storage capacity from 32 litres to 35.5 litres through the addition of a front utility storage compartment alongside a USB Type-C charging port. The e-scooter comes with 118 connected technology functions.

The TVS iQube MillionR Special Edition is priced at INR 140,138 ex-showroom Karnataka. Pricing for the standard TVS iQube range begins at INR 111,310, with Battery-as-a-Service options starting at INR 59,999.

Aniruddha Haldar, Senior Vice-President – Head Commuter & EV Business and Head Corporate Brand & Media, TVS Motor Company, said, “TVS Motor has played a significant role in the scooterisation of India. Over the years, we have remained focused on creating mobility solutions that move Indian families forward, irrespective of the drivetrain, with a commitment to relevance, reliability and best-in-class quality. The 9 million achievement of TVS Jupiter and the one million milestone of TVS iQube mark significant chapters in this journey, reinforcing our focus on evolving with the needs of Indian families. In 2016, TVS Jupiter celebrated reaching one million customers with the MillionR Edition. Today, TVS iQube joins this legacy with its own MillionR Edition as its community reaches one million. I thank every customer who has placed their trust in TVS iQube. Their confidence reflects the progress electric mobility has made in India and inspires us to keep moving families forward.”

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Pune-headquartered two-wheeler and three-wheeler major Bajaj Auto has introduced the new Pulsar 150 and Pulsar 125 models with mechanical and technological updates to its most popular range.

The new Pulsar 150 carries an introductory price of INR 115,233 ex-showroom Delhi, while the Pulsar 125 is priced at INR 92,900.

First launched in 2001, the Pulsar line has recorded sales exceeding 20 million units across 40 countries over 25 years. The updated models retain the original chassis profile and fuel tank design while incorporating engineering changes to the engine, transmission, frame and suspension systems.

The new Pulsar 150 features a 149.5cc engine, which churns out 14 PS at 8,500 rpm and 13.7 Nm of torque at 6,500 rpm. The Pulsar 125 contains a 124.58cc engine delivering 12 PS at 8,000 rpm and 11 Nm of torque at 6,000 rpm. Both models feature revised gear ratios to improve acceleration, a diamond-type frame using the engine as a structural member and a nitrogen-charged emulsion monoshock unit.

Additional updates include a 5-inch TFT display with navigation mirroring, digital document storage, call alerts and music management functions. The new Pulsar introduce three riding modes (Road, Rain and Sport), low-speed traffic assist technology, LED headlamps and an Integrated Starter Generator with start-stop functionality on top variants to reduce fuel consumption.

Sarang Kanade, Chief Business Officer – Two-wheeler Business Unit, Bajaj Auto, said, “For over 25 years, Pulsar has been more than just a motorcycle. It has been the first taste of performance for generations of riders – the muscular tank, the unmistakable grunt, the rush of acceleration and the attitude that made it impossible to ignore. Pulsar has always been ‘Definitely Daring’, and that spirit remains at the heart of the brand. With the new Pulsar 150 and Pulsar 125, we have retained everything that makes Pulsar iconic while reimagining what lies beneath it. The result is a new generation of Pulsars that feels familiar in all the right ways, but is built for the riders of today.”

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TVS Motor Co-owned British marquee brand Norton Motorcycles has received a Bronze award at the International Design Excellence Awards for its Manx R superbike in the Automotive and Transportation category.

Organised by the Industrial Designers Society of America, the annual awards ceremony took place in Pasadena, California, where Darren McNeill, Head of Marketing at Norton US, collected the honour. Interestingly, Manx R becomes the first production sports motorcycle with an internal combustion engine (ICE) to receive an IDEA award.

Simon Skinner, Head of Design, Norton Motorcycles, said, “The Manx R was created to challenge what a modern superbike can look and feel like. We wanted to move away from visual noise and create something more reductive, more crafted and more connected to the rider. Every surface, exposed component and detail had to earn its place. Winning an IDEA award is a proud moment for the whole Norton team because it recognises the depth of design thinking behind the bike, not just the finished object.”

The Manx R was developed as the primary model under Norton's Resurgence strategy following its acquisition by TVS Motor Company. Chief Creative Advisor Professor Gerry McGovern OBE shaped the design direction, while Simon Skinner led the engineering and styling teams at Norton’s headquarters in Solihull, UK.

Gerry McGovern said, “From the beginning, the ambition for Norton’s Resurgence was to create a design direction that was modern, emotionally engaging and worthy of the brand’s extraordinary heritage. The Manx R proves that motorcycles, like cars, can be objects of desire through proportion, stance, drama and detail. To see that recognised by an international jury of designers is a meaningful endorsement of the direction Norton has taken.”

The motorcycle features a V4 engine, semi-active suspension, Brembo brakes, rider assistance systems and an eight-inch TFT display. The Manx R superbike and the Atlas adventure motorcycle will go on sale in the United States starting in October 2026.

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Chennai-headquartered mid-sized motorcycle major Royal Enfield has launched the Classic 350 Gorkha Edition in India, priced at INR 210,684 ex-showroom, New Delhi.

The new variant is finished in a Gorkha Green paint scheme and features insignia displaying crossed Khukris, reflecting design references to the Gorkha Regiment. Mechanical specifications retain the J-series engine and standard frame configuration, while additions include an assist and slipper clutch alongside a Type-C USB charging port.

Yadvinder Singh Guleria, Chief Commercial Officer, Royal Enfield, said, "With the Classic 350 Gorkha Edition, we pay tribute to an extraordinary military legacy defined by fierce bravery, loyalty and absolute honour. Every detail stays true to the timeless character of the Classic 350, while the bespoke Gorkha insignia speak of the values that have defined this regiment for generations. The Gorkha apparel collection extends that tribute beyond the ride, giving our community a way to carry that legacy forward with pride and purpose."

Lieutenant General Sanjeev Chauhan, President, Gorkha Brigade, said, "The strength of the Gorkha Regiment lies not only in its history, but in the values of courage, discipline and honour that have been upheld across generations. It is a privilege to see this legacy acknowledged through the Royal Enfield Classic 350 Gorkha Edition, which pays tribute to the spirit and traditions of the Gorkha soldiers with dignity and respect."

Royal Enfield also introduced an accompanying merchandise line, designated as the Gorkha Collection. The range includes helmets, leather boots, headgear and apparel designed using military-inspired colour options including olive green, crimson, black, and bronze.

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