Hero MotoCorp dispatched 598,198 units in March 2026, an increase of approximately 9% from 549,604 units in the same month a year earlier. VAHAN registration data — which captures retail-level demand and excludes Telangana — recorded 542,436 units for the month, representing growth of approximately 24% year-on-year. The March figures brought the curtain down on a financial year in which the company sustained consistent volume expansion across its domestic and international operations.

For the full financial year FY2026, Hero MotoCorp reported total dispatches of 6,468,834 units, against 5,899,187 units in FY2025, marking a volume increase of roughly 10%. The fourth quarter of FY2026 — covering January through March — recorded dispatch growth of 24%, indicating that momentum picked up in the latter part of the year. The company has described FY2026 as a year in which volume growth was supported by a broader product portfolio, improved rural sentiment, and continued gains in both the electric vehicle and international segments.

Motorcycles remained the primary volume driver, with 532,383 units dispatched in March 2026 compared to 506,641 in March 2025. For the full year, motorcycle dispatches stood at 5,842,549 units, up from 5,476,495 units in FY2025. The 100–125cc segment continued to anchor overall motorcycle demand, with the company's Glamour and Xtreme ranges cited as contributors to volume in that category.

The scooter segment recorded notable growth in March, with 65,815 units dispatched against 42,963 units in the year-ago period. The ICE scooter category posted double-digit growth of 24% in the month. For FY2026, total scooter dispatches reached 626,285 units, a significant rise from 422,692 units in FY2025. The company attributed scooter growth to a product portfolio refresh and greater consumer traction in urban markets.

On the domestic front, Hero MotoCorp dispatched 552,505 units in March 2026, up from 510,086 units in the same month a year ago. Rural demand played a role in sustaining domestic volumes, with the company pointing to early seasonal tailwinds as a supporting factor during the month. For FY2026, domestic dispatches totalled 6,066,048 units, compared to 5,611,758 units in FY2025.

Hero MotoCorp's electric vehicle unit, VIDA, recorded its highest-ever monthly VAHAN registrations of 21,434 units in March 2026, up approximately 70% from the previous month. The figure marks a step change in the unit's scale, which had reported 12,514 monthly VAHAN registrations as recently as February 2026. Over FY2026 as a whole, VIDA dispatches grew 154% compared to the previous financial year, making it one of the faster-growing segments within the company's portfolio. The Vida V2 and Vida VX2 were ranked highest in the 2026 India Two-Wheeler Initial Quality Study conducted by J.D. Power, a recognition the company noted as an indicator of product maturity in the EV segment.

During March, VIDA also launched the VX2 Plus KKR Limited Edition, a co-branded variant developed under the company's partnership with the Indian Premier League franchise Kolkata Knight Riders. The edition features a custom helmet finished in a purple and gold colour scheme associated with the team. While the commercial impact of limited-edition variants is typically modest, such launches are broadly seen in the industry as tools for brand engagement and expanding awareness among younger consumer segments.

Exports reached 45,693 units in March 2026, up from 39,518 units in March 2025, a rise of approximately 16%. The international business recorded particularly broad-based growth over the full financial year, with dispatches reaching 402,786 units in FY2026 against 287,429 units in FY2025 — a year-on-year increase of approximately 40%, which the company described as an all-time high for the segment. Growth was attributed to demand for the company's premium motorcycle and scooter products across key international markets, though the company did not specify individual geographies in its March release.

Hero MotoCorp, headquartered in New Delhi, is the world's largest manufacturer of motorcycles and scooters by annual volume, a position it has held for over two decades. The company competes across a wide spectrum of segments, from entry-level commuter motorcycles to premium two-wheelers and, more recently, electric scooters through the VIDA brand. In the domestic market, it operates against competitors including Bajaj Auto, TVS Motor Company, and Honda Motorcycle and Scooter India, while internationally it faces competition from both local manufacturers and global two-wheeler brands depending on the market.

The company's February 2026 performance had set a high base for the year's close. That month, Hero MotoCorp had reported dispatches of 558,216 units, a 44% year-on-year increase from 388,068 units in February 2025 — its largest recorded February dispatch growth. VAHAN registrations had stood at 458,346 units for that month, an 18% increase year-on-year. VIDA had recorded 12,514 VAHAN registrations in February, with the company stating that its EV market share had grown three-fold compared to February 2025. The February growth had been driven in part by the scooter segment, with the Xoom and Destini models cited as contributors to retail demand.

Beyond sales figures, Hero MotoCorp used March to consolidate its presence in motorsport and golf sponsorships. The company hosted the Hero India Open from March 26–29, 2026, a DP World Tour event co-organised with the Indian Golf Union. The tournament concluded with English golfer Alex Fitzpatrick claiming his maiden DP World Tour title. On the motorsport side, the Hero MotoSports Team Rally competed at Rally Raid Portugal 2026 and secured a top-10 finish, continuing the company's involvement in off-road rally competition as a platform for brand visibility in international markets.