Brands
Hero MotoCorp posts strong results, announces huge dividend
MUMBAI: Hero MotoCorp is showing it still has plenty of energy to spare as it races ahead with a set of financial results that are far from tiring. The two-wheeler giant hit the road running this week, unveiling a performance that suggests the company is firmly in control of the Indian automotive market.
In a move that will surely have shareholders revving their engines with delight, the Board has declared a massive interim dividend of 5,500 per cent. That translates to a cool Rs 110 per equity share, with a record date set for 11 February 2026. It seems the only thing smoother than their latest bike’s suspension is their cash flow, with payments expected to be completed by 7 March 2026.
The numbers for the quarter ending 31 December 2025 tell a story of steady acceleration. Hero sold a staggering 16.97 lakh two-wheelers during the period, a slight climb from the 16.91 lakh sold in the preceding quarter and a significant jump from the 14.64 lakh sold in the same period the previous year. This surge helped propel standalone revenue from operations to Rs 12,328.38 crore for the quarter.
On a consolidated basis, the Group’s total income for the quarter reached Rs 12,784.58 crore, contributing to a nine-month total of Rs 35,281.05 crore. Profit after tax for the quarter stood at a robust Rs 1,275.15 crore on a consolidated basis, proving that despite a few bumps in the global economy, Hero is still firing on all cylinders.
Hero isn’t just focused on what’s under the hood; they are also looking at what’s over the roof. The company announced a strategic investment of up to Rs 7.92 crore in Solar Power Wheeling Projects. These projects are destined for their Haridwar and Neemrana plants, as well as their Global Parts Centre and Centre for Innovation & Technology in Jaipur. It’s a bright move that shows Hero is serious about harnessing the sun to power their manufacturing.
Furthermore, the company is doubling down on the future of electric mobility with an additional investment of Rs 275 crore in Euler Motors Private Limited. This primary infusion and secondary purchase will bolster their presence in the burgeoning EV sector, ensuring they don’t get left in the dust as the industry shifts towards cleaner energy.
While the machines are humming, the boardroom is also seeing some fresh faces. Prabhat Singh has been appointed as the new company secretary and compliance officer, effective from 5 February 2026. Singh, a fellow member of the Institute of Company Secretaries of India and a law graduate, will also take on the mantle of Nodal Officer.
It wasn’t entirely smooth sailing, however. The company noted an exceptional item, a provision of Rs 119 crore, related to the implementation of India’s new Labour Codes. Additionally, the taxman had previously knocked on the door with a Rs 178 crore demand, which the company is currently appealing, confident that their position will be upheld.
Despite these minor diversions, Hero MotoCorp’s latest results suggest a company that is not just maintaining its speed but actively seeking new lanes for growth. With a focus on sustainable energy, strategic investments in EV tech, and a dividend that’s music to investors’ ears, Hero looks set to continue its long-distance journey at the front of the pack.
Brands
Malaika Arora launches Maejoy accessories brand with Myntra partnership
New label debuts with 250 plus handbags and lab grown diamond jewellery.
MUMBAI: When style meets sparkle, a new brand is ready to take centre stage. Actor and entrepreneur Malaika Arora has launched a lifestyle accessories label called Maejoy, developed in collaboration with Exceed Entertainment and Myntra Jabong India Private Limited (MJIPL), the B2B wholesale arm of Myntra. The brand enters the market with a debut collection of more than 250 styles spanning handbags and lab grown diamond jewellery, two categories that continue to define everyday personal style for modern consumers.
The handbag lineup includes crossbody bags, structured shoulder bags, bucket bags, totes, backpacks, clutches and workwear inspired designs. The pieces are crafted using materials such as synthetic leather, raffia, braids, satin, rhinestones and metallic finishes.
Alongside the bags, Maejoy has introduced a jewellery range featuring lab grown diamond rings, earrings, pendants, bracelets and tennis bracelets. The pieces are set in 925 sterling silver bases with gold, silver and rose gold tones, and include diamonds certified by IGI and GCI.
Positioned as a premium yet accessible accessories label, Maejoy is built around the philosophy “The Joy of Being Me”, aiming to blend aspirational fashion with everyday usability. The brand’s positioning centres on three pillars: authenticity, empowerment and accessibility.
Arora described the venture as a natural extension of her long association with fashion and personal style.
“Maejoy is a labour of love. Throughout my career, whether on screen, in business or through personal style, I have always believed fashion should feel empowering yet effortless. The Joy of Being Me celebrates individuality while making global fashion trends more accessible,” she said.
MJIPL, CXO and head of house of brands Suman Saha said the brand brings together Arora’s style perspective with a strong opportunity in the accessible premium accessories segment.
“Maejoy combines Malaika Arora’s distinctive style sensibility with fashion forward designs that we believe will resonate strongly with consumers looking for elevated yet wearable accessories,” he said.
Exceed Entertainment CEO Afsar Zaidi added that building celebrity led brands requires balancing authenticity with market viability.
“Malaika commands respect both as a fashion icon and a businesswoman. Bringing her creative vision together with Myntra’s brand building expertise creates a strong foundation for Maejoy,” he said.
The collection is available exclusively on Myntra through its website and mobile app, making the brand accessible to millions of shoppers across India as it steps into the competitive lifestyle accessories space.
