Two-Wheeler Sales Q3 FY 2024-25: Hero MotoCorp Leads, 61,07,954 Units, Up 12.9% YoY

India's two-wheeler market registered 61,07,954 two-wheelers in Q3 FY 2024-25. Volumes grew strongly 12.9% against the 54,09,298 logged over the same 3 months of Q3 FY 2023-24.

November was the strongest month of the period at 27,14,230 two-wheelers and December the quietest at 12,57,630, an average of 20,35,985 a month. 2 of those 3 months grew on the same month a year earlier.

November catches the tail of Diwali deliveries; whether it looks strong or weak depends largely on the festive calendar.

Q3 FY 2024-25 அக்டோபர் 2024 முதல் டிசம்பர் 2024 வரை நடந்தது; இது முடிந்துவிட்டது. கீழுள்ள அட்டவணையில் உள்ள ஒவ்வொரு மாதமும் இறுதியானது; இந்தப் பக்கத்திலுள்ள ஒப்பீடுகள் அனைத்தும் Q3 FY 2023-24-இன் அதே மாதத்துடன் ஒப்பிடப்பட்டவை.

Two-wheelers accounted for 74.8% of everything registered in India over the period, up from 73.9% in Q3 FY 2023-24. The whole market ran to 81,63,669 vehicles over the same window, up 11.6% year on year.

Hero MotoCorp led the period with 18,52,985 registrations, up 8.1% on Q3 FY 2023-24. Honda 2W (HMSI) follows on 16,04,511, 2,48,474 behind — a gap of 1.15x.

The fastest riser in the top 8 was Honda 2W (HMSI), up 20.5% to 16,04,511.

Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's two-wheeler volume over Q3 FY 2024-25. Companies that file electric models under a maker of their own appear as separate rows.

Set against the rest of the market, two-wheelers outgrew the national picture over Q3 FY 2024-25: +12.9% against +11.6% for every vehicle registered in India.

இந்த அட்டவணை Vahan அறிக்கை அளிக்கும் ஒவ்வொரு பிரிவையும் ஒரே 3 மாதக் காலத்தில் உள்ளடக்குகிறது; அதனால் ஒப்பீடு நேருக்கு நேர் — இரு பக்கமும் ஒரே மாதங்கள், ஒரே மூலம்.

Vahan splits a segment by fuel only across a whole calendar year, so this table covers full-year 2024 rather than Q3 FY 2024-25 alone — it is exact for that window.

Petrol accounts for 93.6% of two-wheeler registrations over full-year 2024, with battery-electric at 6.2%.

Across the 2 completed windows in our Vahan record, two-wheeler registrations went from 61,07,954 in Q3 FY 2024-25 to 72,76,608 in Q3 FY 2025-26, up 19.1% over the stretch.

Q3 FY 2026-27 is still running — 1 of its 3 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.