Noida, May 8 (APAC Media): Hyundai Motor India on Friday reported a 22% year-on-year decline in consolidated net profit to Rs 12,556 crore for the March quarter, compared with Rs 16,143 crore in the corresponding period last year.
The company reported a 6% year-on-year increase in revenue to Rs 189,162 crore in the fourth quarter, up from Rs 179,403 crore in the same period of the previous fiscal year.
EBITDA rose 22.4% year-on-year to Rs 25,327 crore in the fourth quarter, compared with Rs 19,660 crore in the same period of the previous fiscal year.
The Board of Directors has recommended a dividend of Rs 21 per share, or 210% of the face value of Rs 10 per share, subject to shareholders’ approval.
“FY26 was a year where we demonstrated our ability to effectively navigate a challenging environment while capitalising on emerging opportunities, supported by GST 2.0 reforms, strategic product interventions, strong export volumes and our continued focus on ‘Quality of Growth’,” Tarun Garg, Managing Director, said.
Outlook for Financial Year 2026-27:
- The outlook for FY2026-27 includes the launch of two new nameplates in the SUV category, with one strengthening the mid-SUV segment and the other marking the debut of a localized dedicated electric vehicle in the compact SUV space.
- The company expects domestic volume growth of 8–10%, driven by product actions and continued network expansion.
- Export volumes are also projected to grow 8–10%, supported by market diversification and product-led opportunities.
- It has planned a capex of around Rs 7,500 crore, aimed at supporting Hyundai’s growth strategy in India.
- EBITDA margins are expected to remain within the guided range of 11–14%.
“Looking ahead to FY27, we have started the year on a strong footing, with April domestic volumes growing 17% YoY. We 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 the domestic market,” Tarun added.
Hyundai marked 30 years of operations in India, highlighting strong brand presence and customer trust, while strengthening its manufacturing base with the commencement of the Pune plant in FY26 to support future growth.
The New Venue, the first product from the facility, remained a key growth driver and secured a 5-star Bharat NCAP safety rating.
Domestic sales rose 8.7% year-on-year in Q4 FY26, the highest-ever quarterly performance, supported by GST 2.0 tailwinds and product interventions, while rural penetration hit a record 25% and CNG contribution reached an all-time high of 18%.
The Aura posted its best-ever quarterly and annual sales, while Verna and Exter further strengthened the portfolio.
Exports grew 9.4% year-on-year in Q4 FY26 and 16.4% for the full year, despite geopolitical challenges, reinforcing India’s role as a key emerging market export hub.
Disclaimer:Â Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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