Hyundai Motor India: Did Q3 Profit Surge by 6.3% to Rs 1,234 Crore?
Synopsis
Key Takeaways
Mumbai, Feb 2 (NationPress) Hyundai Motor India Limited has showcased a remarkable performance in the third quarter (Q3) of FY26, announcing a consolidated net profit increase of 6.3 percent year-on-year, amounting to Rs 1,234.4 crore. This growth was driven by robust demand within the domestic market, impressive export figures, and heightened sales during the festive season, as detailed in the company’s filing to the stock exchange.
The revenue from operations for the quarter saw an increase of 8 percent compared to the previous year, totaling Rs 17,973.5 crore.
Operating performance improved significantly, with EBITDA climbing 7.6 percent year-on-year to reach Rs 2,018.3 crore. The EBITDA margin remained stable at 11.2 percent compared to the same quarter last fiscal year.
The company noted that domestic demand was bolstered by benefits from GST 2.0 and the momentum of the festive season.
Wholesale volumes increased by 5 percent sequentially, fueled by strong retail sales across popular models.
Exports made a significant contribution to overall growth, with export volumes soaring 21 percent year-on-year during the December quarter.
Exports accounted for approximately 25 percent of Hyundai Motor India's total sales for this period.
In terms of products, the Creta continued to be a major growth driver, reclaiming its status as India’s best-selling SUV and achieving its highest-ever annual sales of over 2 lakh units in calendar year 2025.
The newly launched Venue also demonstrated strong demand, garnering nearly 80,000 bookings to date, with first-time buyers making up 48 percent of total bookings for the model.
For the nine months concluding on December 31, 2025, Hyundai Motor India reported an EBITDA of Rs 6,632.5 crore, reflecting a year-on-year growth of 3.3 percent.
Despite increased costs related to capacity stabilization and commodities, EBITDA margins expanded to 12.8 percent. The net profit for the nine-month period rose to Rs 4,175.9 crore.
Managing Director and CEO Tarun Garg commented on the results, stating that the company achieved healthy growth in volumes, revenue, and profitability during the quarter.
He emphasized that an improved sales mix and disciplined cost management have supported margins on a year-to-date basis.
Garg also pointed out that strong sales in January 2026 indicate positive prospects for the remainder of the financial year.