India Inc reported a mixed set of February operational updates, with strong growth in the auto sector, strategic expansion in healthcare technology, and continued pressure in coal production.
Hero MotoCorp posts 44% YoY growth in February dispatches
Hero MotoCorp reported total dispatches of 5,58,216 units in February 2026, marking a 44% year-on-year increase compared to 3,88,068 units in February 2025.
Segment-wise performance (Feb’26 vs Feb’25):
Motorcycles: 4,99,756 vs 3,52,312
Scooters: 58,460 vs 35,756
Domestic: 5,16,968 vs 3,57,296
Exports: 41,248 vs 30,772 (+34% YoY)
VAHAN registrations: 4,58,346 (+18% YoY)
Growth was driven by sustained demand in the 100cc–125cc motorcycle segment and continued traction in scooters. The company’s EV arm, VIDA, recorded 12,514 registrations during the month, reflecting improving adoption in the electric mobility segment.
The company was also named Two-Wheeler Manufacturer of the Year at the BBC TopGear India Awards 2026.
Investor takeaway: Strong double-digit growth across domestic and export markets signals improving retail momentum and healthy channel demand.
Bharat Coking Coal Limited reports cumulative production decline
Bharat Coking Coal Limited (BCCL) released provisional production figures:
February 2026:
Raw coal production: 3.50 MT (+0.1% YoY)
Coking coal production: 3.26 MT (-1.6% YoY)
Non-coking coal production: 0.24 MT (+30% YoY)
Raw coal offtake: 2.16 MT (-28.7% YoY)
April 2025–February 2026 cumulative:
Raw coal production: 31.1 MT (-14% YoY)
Coking coal production: 29.5 MT (-15.3% YoY)
Non-coking coal production: 1.62 MT (+19.8% YoY)
Raw coal offtake: 30.39 MT (-12.5% YoY)
Investor takeaway: While February production remained largely stable, cumulative declines and weak offtake suggest operational and demand-side headwinds in the coking coal segment.
Indegene Limited to acquire two UK-based firms
Indegene has entered into a Share Purchase Agreement to acquire 100% equity in:
DT Associates Research and Consulting Services Limited
Trilogy Writing and Consulting Limited
Total consideration: £2.70 million (cash transaction)
Expected completion: By March 31, 2026
DT UK reported revenue of £6.40 million in its last financial year, while Trilogy UK posted revenue of £2.34 million.
Investor takeaway: The acquisition strengthens Indegene’s analytics, regulatory, and medical communication capabilities in the UK healthcare ecosystem.
Other Corporate Updates
Grindwell Norton Limited
A commercial tax demand of ₹22.59 lakh has been reduced to Nil following regulatory review. The company stated there is no material financial or operational impact.
Master Components Limited
Secured a ₹21.30 lakh order for Electric Vehicle Supply Equipment, to be executed by March 2026.
