Hyundai Motor India posted Q3 FY26 growth, with revenue rising 8% YoY to ₹17,973 crore and net profit increasing 6.3% to ₹1,234 crore.
EBITDA grew 7.6% to ₹2,018 crore, though margins slipped slightly by 10 basis points to 11.2%.
Export sales surged 21% YoY, offsetting muted domestic growth, while shares traded largely flat after the results.
Hyundai Motor Q3 Revenue Rises 8% YoY to ₹17,973 Cr amid Muted Domestic Sales
Following the announcement of its results, Hyundai's shares were trading flat. The shares were changing hands 0.3% lower at ₹2,175. Notably, the company closed 0.60% higher at ₹2196.50 on BSE and 1.54 % higher at ₹2,208.80 on NSE
Hyundai Motor Q3 Revenue Rises 8% YoY to ₹17,973 Cr amid Muted Domestic Sales
Summary
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Hyundai Motor India, the subsidiary of the South Korean automobile manufacturer Hyundai Motor Company, reported its quarterly results for the October-December quarter of financial year 2025-26 (FY26).
Its consolidated revenue from operations rose to ₹17,973.49 crore, up 7.96% year-on-year (YoY) from ₹16,647.99 crore in the corresponding quarter last year. Its consolidated net profit saw a rise of 6.34%. The company reported net profit of ₹1,234.4 crore from ₹1,160.74 crore in the same period last year.
Notably, the company reported a decline in domestic sales as it was up only marginally by 0.4% at 1,46,548 units as compared to 1,46,022 units in the corresponding period last fiscal. While, exports rose 21% YoY at 48,888 units compared with 40,386 units in Q3 FY25.
The company stated that domestic demand was aided by GST 2.0 and festive tailwinds, with wholesale volumes increasing 5% quarter-on-quarter (QoQ) alongside roboust retail volumes.
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Following the announcement of its results, Hyundai's shares were trading flat. The shares were changing hands 0.3% lower at ₹2,175 at 2:52 PM on BSE on Friday. Notably, the company closed 0.60% higher at ₹2196.50 on BSE and 1.54 % higher at ₹2,208.80 on NSE.
Hyundai's EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) stood at ₹2,018.3 crore, rising 7.6% from ₹18,755 crore in Q3 FY25. Meanwhile, its EBITDA margin contracted by 10 basis point YoY to 11.2% as compared to the corresponding quarter. Usually, 100 basis points is equal to 1 percentage point.
“The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8% as against 12.5% last year, supported by our efforts towards improving sales mix and prudent cost control measures," said, Tarun Garg, MD and CEO.
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