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Hyundai Motor India Ltd (HMIL) reported a 22% year-on-year fall in consolidated profit after tax for the fourth quarter ended March 31, 2026, to ₹1,256 crore, as revenue rose 5.4% to ₹18,916 crore. For the full fiscal year 2026, the company's PAT declined 4% to ₹5,432 crore on revenue growth of 2.3% to ₹70,763 crore. The board has recommended a dividend of ₹21 per share for the year.
The company announced an expansion of its Pune manufacturing facility by 70,000 units following the completion of Phase-II, raising total planned capacity to 1.14 million units by 2030. The move aims to support long-term growth in both domestic and export markets.
Hyundai Motor India's CEO Tarun Garg said the company navigated a challenging business environment in FY26 through product strategies, export performance, and operational efficiency, noting an 17% year-on-year increase in domestic sales volume in April 2026. The company projects 8-10% volume growth in both domestic and export markets for FY27, while remaining cautious on geopolitical risks affecting overseas demand.
The board will review quarterly performance metrics at its next meeting scheduled for July 2026, following the release of the first-quarter earnings.