Hyundai Motor India Q2 Profit Rises 14.3%

Hyundai Motor India Ltd (HMIL) reported a 14.3% year-on-year rise in consolidated profit after tax (PAT) to ₹15,723 million for the quarter ended September 30, 2025, supported by improved margins and a strong export performance.

Revenue for Q2 FY26 stood at ₹174,608 million, up 1.2% year-on-year, while EBITDA rose 10.1% to ₹24,289 million. The EBITDA margin improved 113 basis points to 13.9%, driven by a favorable product and export mix and cost-optimization initiatives.

Domestic volumes grew 5.5% quarter-on-quarter, aided by festive demand and GST 2.0 reforms. SUVs contributed their highest-ever share of 71.1% to domestic sales, while rural markets accounted for a record 23.6%. Exports rose 21.5% year-on-year, contributing 27% of total sales volumes.

For the first half of FY26, consolidated revenue stood at ₹338,737 million and PAT at ₹29,415 million.

Managing Director Unsoo Kim said the quarter reflected “strong financial performance across key metrics,” adding that the near-14% margin underscored HMIL’s “quality of growth” strategy. He highlighted that robust exports and continued cost efficiencies positioned the company to sustain momentum for the remainder of the fiscal year.

Between FY26 and FY30, Hyundai plans to expand its India portfolio from 14 to 18 models, reinforcing its position across key growth segments. The expansion will be anchored by new SUVs and a stronger electric vehicle lineup, marking a decisive shift toward premium and sustainable mobility.

At the core of this plan is the launch of India’s first locally built, dedicated electric SUV, which will serve as the brand’s EV flagship and showcase Hyundai’s global E-GMP platform adapted for local conditions. The company is also preparing for the India debut of its luxury marque, Genesis, by 2027, targeting an emerging cohort of affluent buyers seeking design, technology, and global refinement.