Hero MotoCorp Dispatches Rise 16%, Exports Dip 5% in October

Total monthly volumes of 7.34 lakh show year-on-year growth but fall 4 percent sequentially against September 2026.

01 Nov 2026 | 1 Views | By Dev Vadchhedia

Hero MotoCorp reported total dispatches of 734,403 units in October 2026, marking a 15.5 percent year-on-year increase compared to 635,808 units dispatched during the corresponding period last year.

On a sequential basis, total dispatches fell by 4.2 percent compared to the 766,348 units reported in September 2026. The company recorded retail sales of 589,665 units according to VAHAN data.

Domestic market dispatches expanded 16.6 percent year-on-year to 705,084 units in October 2026 from 604,829 units in October 2025. Within internal combustion engine (ICE) models, domestic dispatches reached 675,017 units, driven by demand in the scooter and 100cc motorcycle segments.

Export dispatches reached 29,319 units in October 2026, representing a 5.4 percent decline compared to 30,979 units exported in October 2025.

Scooter dispatches across both ICE and EV models rose 60.8 percent year-on-year to 104,603 units, up from 65,055 units in October 2025. Motorcycle dispatches grew 10.4 percent year-on-year to 629,800 units compared to 570,753 units in the year-ago period.

The company's EV brand Vida dispatched 30,143 units during the month, achieving an 80 percent year-on-year growth in VAHAN retail registrations. Sequential dispatches for Vida grew 4.7 percent over the 28,798 units reported in September 2026. The brand's market share in the electric two-wheeler segment reached 13.6 percent in October 2026, up from 11.1 percent in October 2025.

For the cumulative year-to-date FY2027 period (April to October 2026), total global dispatches rose 15.9 percent to 4,279,878 units against 3,693,580 units recorded in the corresponding seven months of FY2026.

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