Hyundai Motor India Ltd (HMIL) on Friday reported a 22.2% year-on-year decline in consolidated net profit for the fourth quarter of FY26 at \u20b91,255.6 crore, compared with \u20b91,614.3 crore in the year-ago period, as rising operating costs weighed on margins.<\/p>\n
Revenue from operations, however, rose 5.4% year-on-year to \u20b918,916 crore during the January-March quarter, supported by higher wholesale volumes, robust exports and improved traction in rural markets. The company also guided for 8-10% domestic and export volume growth in FY27, driven by new product launches and capacity expansion plans.<\/p>\n
The country\u2019s second-largest passenger vehicle maker posted consolidated EBITDA of \u20b91,966 crore in Q4 FY26, down from \u20b92,533 crore a year earlier, while EBITDA margins narrowed sharply to 10.4% from 14.1%.<\/p>\n
For the full financial year FY26, Hyundai reported consolidated revenue of \u20b970,763 crore, up 2.3% year-on-year, while profit after tax declined 3.7% to \u20b95,431 crore. Annual EBITDA margin stood at 12.2%, compared with 12.9% in FY25.<\/p>\n
The board recommended a final dividend of \u20b921 per equity share for FY26.<\/p>\n
Hyundai\u2019s profitability came under pressure as expenses increased faster than revenue growth during the quarter. Standalone employee benefit expenses rose nearly 37% year-on-year to \u20b9699 crore, while inventory-related costs surged, reflecting higher changes in finished goods and work-in-progress.<\/p>\n
Profit before tax in Q4 fell to \u20b91,558 crore from \u20b92,131 crore in the year-ago quarter. The company also recognized estimated financial impacts arising from India\u2019s new labour codes in its employee expenses.<\/p>\n
Despite margin pressure, Hyundai recorded an 8.7% year-on-year rise in wholesale volumes during the quarter, aided by what the company described as \u201cGST 2.0 tailwinds\u201d and product-led interventions.<\/p>\n
The automaker also posted its highest-ever quarterly rural penetration at 25%, while CNG-powered vehicles contributed a record 18% of quarterly sales. Exports rose 9.4% year-on-year during Q4 and 16.4% for the full fiscal despite geopolitical uncertainties.<\/p>\n
Commenting on the performance, Tarun Garg, Managing Director and CEO, Hyundai Motor India, said, \u201cFY26 was a year where we demonstrated our ability to effectively navigate a challenging environment while capitalizing on emerging opportunities, supported by GST 2.0 reforms, strategic product interventions, strong export volumes and our continued focus on \u2018Quality of Growth\u2019.\u201d<\/p>\n
Hyundai plans to launch two new nameplates in FY27, including a localized electric compact SUV and a new mid-size SUV, as it sharpens focus on high-growth utility vehicle segments.<\/p>\n
\u201cWe expect this positive momentum to continue and backed by new product launches in high-demand segments and other strategic initiatives, we expect 8-10% volume growth in domestic market,\u201d Garg said.<\/p>\n
The South Korean carmaker also announced expansion of its Pune manufacturing facility by another 70,000 units post Phase-II expansion, taking its overall India production capacity to 1.14 million units per annum by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"Hyundai Motor India Ltd (HMIL) on Friday reported a 22.2% year-on-year decline in consolidated net profit for the…\n","protected":false},"author":2,"featured_media":8953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[6859,4135,6861,6862,6856,295,780,702,902,6855,2782,6863,6854,3025,6858,6860,6857],"class_list":["post-8952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hyundai-motor","tag-cng-vehicles","tag-ebitda-margin","tag-ev-suv","tag-export-growth","tag-fy27-guidance","tag-hyundai","tag-hyundai-india","tag-hyundai-motor","tag-net-profit","tag-pat-decline","tag-production-capacity","tag-pune-plant","tag-q4-fy26","tag-revenue-growth","tag-rural-demand","tag-suv-launches","tag-volume-growth"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/8952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=8952"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/8952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/8953"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=8952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=8952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=8952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}