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MOTOCORP LIMITEDMain BoardEquity2025-04-012026-03-312026-05-052026-04-21INRCroresQuarterlyFourth quarterSingle segmentAutomotive2026-05-0515:00:002026-05-0518:35:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-05https://www.heromotocorp.com/content/dam/hero-aem-website/in/en-in/company-section/reports-and-polices/policies/pdfs/related_party_transactions_policy_feb_2026_website.pdffalsefalseNot Applicable2026-01-012026-03-31UnauditedStandalone12796530000020863000001300516000008349310000021237000002038800000681390000055400000203860000014940200000111503700000185479000000185479000004665900000-1293000004536600000014011300000000014011300000860000014019900000400200000270.0469.960070.0469.961. The above unaudited standalone financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of Companies Act, 2013, read together with the Companies (Indian Accounting Standard) Rules, 2015 (as amended). 2. The above standalone financial results for the quarter and year ended March 31, 2026 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meetings held on May 05, 2026. 3. On May 05, 2026, the Board of Directors had considered and approved final dividend @ 3750% i.e. Rs.75 per equity share (face value of Rs.2 per equity share) for the financial year 2025-26. This dividend together with interim dividend @5500% i.e. Rs.110 per equity share, takes the aggregates total dividend for the year 2025-26 to Rs. 185 per equity share i.e. 9250%. 4. During the quarter and year ended March 31, 2026, 8,165 and 78,941 equity shares respectively of Rs. 2 each were issued and allotted under the Employee Incentive Scheme – 2014.5. During the quarter and year ended March 31, 2026, the Company has made the following investment: Name of the Company- Euler Motors Private Limited/ Nature- Associate/ Quarter ended March 31, 2026- Rs. 210 crore (Total Rs. 210 crore)/ Year ended March 31, 2026- Rs. 720 crore (Total- Rs. 720 crore). 6. Based on the guiding principles given in Ind AS-108 on 'Operating Segments', the Company's business activity fall within a single operating segment, namely automotive segment. 7. The Ministry of Environment, Forest and Climate Change issued the Environment Protection (End-of-Life Vehicles) Rules, 2025 (ELV rules), effective from April 01, 2025. In accordance with ELV rules, Extended Producer Responsibility (EPR) obligations are imposed on producers (“vehicle manufacturers”) for the scrapping of End-of-Life Vehicles. The obligations require acquiring EPR certificates from registered Vehicle Scrapping Facilities via a Centralised Online Portal (Portal), which is partially operational. However, the pricing mechanism for EPR certificates, and measurement framework for determining financial obligations are not yet made available. Further, the Ministry of Environment, Forest and Climate Change notified the Battery Waste Management Rules, 2022 on February 24, 2025 (as amended from time to time), applicable to producers (manufacturers and importers included), dealers, consumers, and entities involved in the collection, segregation, transportation, refurbishment, and recycling of all types of waste batteries. As a producer of batteries, the Company is subject to these obligations, however, sufficient guidance on waste collection mechanisms and associated costs are not yet made available. Consequently, the Company is currently unable to reliably estimate a range of possible outcomes and the financial implications of the above rules and will be evaluated once the implementation framework for determining the reliable estimate is established.8. On November 21 , 2025, the Government of India notified the four Labour codes - The code on Wages, 2019 , The Industrial Relations code, The code on Social Security, 2020, and The Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing Labour Laws. Based on the draft rules and FAQs issued by the ministry of labour and employment and best available information, the Company has estimated the financial implications thereof and has made an additional provision of Rs 119 crores in the year ended March 31 , 2026. Considering the materiality, regulatory driven and non - recurring nature of the impact, the company has presented such incremental impact under "Exceptional item". The Company continues to monitor the finalisation of central/state rules and other developments pertaining to labour codes and would provide appropriate accounting effect on the basis of such developments, if any.9. The figures for the current quarter ended March 31, 2026 and quarter ended March 31, 2025 are the balancing figures between the audited figures for the year ended March 31, 2026 and March 31, 2025, respectively and published results figures upto nine months ended December 31, 2025 and December 31, 2024, respectively which were subjected to limited review. Previous period/year figures have been regrouped/ reclassified wherever necessary. 10. The above standalone financial results of the Company are available on the Company's website www.heromotocorp.com and also on www.bseindia.com and www.nseindia.com. For and on behalf of the Board of Directors/ DR. PAWAN MUNJAL/ Executive Chairman/DIN : 00004223/ New Delhi/ May 05, 2026 <BR> With reference to the SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 read with the updated SEBI Operational Circular dated August 10, 2021 (last updated on April 13, 2022) w.r.t. Fund raising by issuance of Debt Securities by Large Corporates, we confirm that Hero MotoCorp Limited is not a Large Corporate as per the as per the prescribed criteria specified in the SEBI circular dated October 19, 2023. Further, the required details are hereunder: Name of the Company- Hero MotoCorp Limited, CIN-L35911DL1984PLC017354, Outstanding borrowing of company as on 31st March 2026 (in Rs. crore)- NIL, Highest credit rating during the previous FY along with name of the CRA- ICRA – AAA, CRISIL - AAA, Name of stock exchange in which the fine shall be paid, in case of shortfall in the required borrowing under the framework- Not Applicable2025-04-012026-03-31AuditedStandalone468301400000104101000004787115000003084441000007965300000-7801000002710500000022760000079800000005685950000040780140000070910100000-1190000000697201000001630250000073550000017038000000052682100000000052682100000-159800000525223000004002000002215380700000263.34263.0700263.34263.07Other Expenses14940200000Other Expenses56859500000502188000002247300000414960000005287100000519460000000722197000000285400000528800000730339000000117450000014130580000018582200000121749700000259320000005315900000720600000279200000114020000015513760000007419200000181139000000003224448000004002000002153807000002157809000002157809000000000248040000024804000006899600000583130000000152113000000447200000747405000007518770000043702000007955790000079545000002922900000101730000009145260000000106663900000322444800000Other non-current financial assets528800000Other non-current assets1174500000Other current financial assets1140200000Other current assets7419200000Lease liabilities1393500000Other non-current financial liabilities1086900000Other non-current liabilities0Lease liabilities502100000Other current financial liabilities3868100000Other current liabilities7954500000227600000-4006100000108123000000-33908000005000000-813000000195263000000376300000079800000000755400000179520000095200000002725000002864000000176400000-533710000000-1207900000002458550000094305600000000111564000000831492000000720000000000000012240000010058500000489458400000520513700000000000000000000272500000286400000000-45054900000002460000000000004553000003501090000022760000000-3566920000024251000000242510000028908000005315900000Re-measurement (losses) on defined benefit plans1140000011400000Re-measurement (losses) on defined benefit plans-213600000-2136000002800000-53800000008600000-159800000Hero Motocorp Ltd.******A. 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