Hyundai Motor India Q2 Profit Rises 14% Supported by Strong Exports and Cost Optimization
Hyundai Motor India reported a 14.3% year-on-year increase in consolidated net profit to Rs 1,572 crore for Q2 FY26, with revenue from operations rising slightly by 1.2% to Rs 17,460.82 crore. The profit growth was driven by robust exports, which rose 21.5%, and strong cost reduction measures, offsetting a 6.8% decline in domestic sales. The company also maintained strong EBITDA margins near 14%, reflecting its growth strategy and operational efficiencies.
In Q2 FY26, Hyundai Motor India posted a consolidated net profit of Rs 1,572 crore, up 14.3% year-on-year, supported mainly by a significant jump in exports and effective cost optimization strategies. Total revenue increased modestly by 1.2% year-on-year to Rs 17,460.82 crore. Domestic sales declined 6.8% to 139,521 units, but export volumes grew 21.5% to 51,400 units, helping to sustain profitability due to better margins on exports. The company achieved strong EBITDA margins of approximately 14%, highlighting efficiency improvements under its “Quality of Growth” strategy. Hyundai Motor India’s Managing Director, Unsoo Kim, credited GST reforms as a catalyst for growth and expressed confidence in surpassing export targets for the fiscal year. The company plans to leverage new plant capacity and product launches to maintain growth momentum, particularly in key export markets such as the Middle East, Africa, and Mexico. Despite domestic sales pressures, these factors have boosted investor sentiment and contributed to Hyundai's steady financial performance in the quarter.