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Hyundai Motor India Ltd reported a 5.4% year-on-year rise in consolidated revenue from operations to ₹18,916.2 crore in the quarter ended March 31, driven by GST-led demand tailwinds, product interventions, higher exports, and its highest-ever quarterly domestic sales. However, consolidated profit after tax declined 22.2% year-on-year to ₹1,255.6 crore from ₹1,614.3 crore in the year-ago quarter, as operating margins moderated.
The company's domestic wholesale volumes grew 8.7% year-on-year in Q4FY26, supported by GST 2.0 tailwinds and agile product interventions. The New Venue, the first product from Hyundai's Pune plant, continued to be a growth driver and also secured a 5-star Bharat NCAP rating.
For FY26, Hyundai Motor India's consolidated revenue from operations rose 2.3% to ₹70,763.3 crore from ₹69,192.9 crore in FY25. EBITDA declined 4% to ₹8,598.5 crore, while EBITDA margin narrowed to 12.2% from 12.9%. Consolidated PAT declined 3.7% to ₹5,431.5 crore from ₹5,640.2 crore.
Looking ahead to FY27, Hyundai Motor India expects domestic volume growth of 8-10%, driven by product actions and network expansion. The company also expects export volume growth of 8-10%, led by market diversification and product-led opportunities. The company plans to launch two completely new nameplates in FY27, expanding its presence in the SUV category.