Hyundai Motor India Ltd (HMIL) has reported a 14.3% year-on-year increase in consolidated net profit for the second quarter of the financial year 2025–26, reaching ₹1,572 crore. The growth was primarily driven by strong export performance, robust SUV sales, and effective cost optimization measures, despite a slowdown in domestic demand.
According to the company’s financial disclosures for the quarter ending September 30, 2025, HMIL’s revenue from operations rose modestly by 1.2% to ₹17,460.8 crore, up from ₹17,260 crore in the same period last year.
The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) also saw a healthy 10.1% year-on-year increase, reaching ₹2,428.9 crore. The EBITDA margin improved by 113 basis points to 13.9%, reflecting a more efficient product mix and operational discipline.
Despite facing stiff competition from domestic rivals such as Tata Motors and Mahindra & Mahindra, Hyundai’s export volumes remained strong, helping offset a 7% year-on-year decline in domestic sales, which stood at 1,39,521 units in Q2 FY26 compared to 1,49,639 units in Q2 FY25.
Company officials noted that SUVs continued to dominate Hyundai’s portfolio, contributing over 71% to total domestic sales during the quarter. The festive season and the implementation of GST 2.0 reforms also provided a boost to quarter-on-quarter domestic sales, which grew by 5.5%.
Hyundai’s Managing Director Unsoo Kim expressed optimism about the company’s performance, stating that the brand remains committed to innovation, customer satisfaction, and expanding its footprint in both domestic and international markets.
The company’s shares responded positively to the earnings announcement, rising by 2% in intraday trading on October 30.
