Hyundai Motor India Limited showcased a robust performance in the third quarter of FY26, registering a 6.3% year-on-year increase in consolidated net profit to Rs 1,234.4 crore. The company attributed this growth to consistent demand in the domestic market, solid export figures, and heightened sales during the festive period. Revenue from operations for the quarter surged by 8% to Rs 17,973.5 crore.
Operating performance also saw an upturn, with EBITDA climbing 7.6% year-on-year to Rs 2,018.3 crore. The EBITDA margin remained stable at 11.2%, compared to the corresponding period in the previous fiscal year. Hyundai Motor India mentioned that domestic demand was bolstered by benefits related to GST 2.0 and the festive-season fervor.
The company experienced a 5% sequential increase in wholesale volumes, supported by robust retail sales across key models. Notably, export volumes surged by 21% year-on-year in the December quarter, constituting around 25% of Hyundai Motor India’s total sales during that period. The Creta emerged as a significant growth driver, reclaiming its position as India’s top-selling SUV and achieving record annual sales exceeding 2 lakh units in 2025.
The newly introduced Venue also garnered substantial demand, amassing nearly 80,000 bookings to date. First-time buyers accounted for 48% of the total bookings for this model. For the nine months ending December 31, 2025, Hyundai Motor India reported an EBITDA of Rs 6,632.5 crore, marking a 3.3% year-on-year growth. Despite increased costs linked to capacity stabilization and commodity prices, EBITDA margins expanded to 12.8%, and net profit for the period rose to Rs 4,175.9 crore.
Managing Director and CEO Tarun Garg expressed satisfaction with the results, noting healthy growth in volumes, revenue, and profitability during the quarter. He emphasized that an enhanced sales mix and prudent cost management contributed to margin support on a year-to-date basis. Garg also highlighted robust sales in January 2026 as a positive indicator for the remainder of the financial year.
