Hyundai Q1FY26 result: Profit down 8% at ₹1,369 crore, revenue falls 5.5%

Hyundai Q1 FY26 result: The dip follows a 6.1 per cent decline in sales to 180,399 units in the quarter, from 192,055 units in Q1FY25

Hyundai Motor India on Wednesday reported a consolidated profit after tax (PAT) of ₹1,369.23 crore for the first quarter of the financial year 2025–26 (Q1FY26), marking an 8.08 per cent year-on-year (Y-o-Y) decline from ₹1,489.65 crore in the same period last year. On a sequential basis, profit dropped 15.18 per cent from ₹1,614.35 crore in the March quarter (Q4FY25).

 

Revenue from operations stood at ₹16,179.62 crore in Q1FY26, down 5.56 per cent Y-o-Y from ₹17,131.25 crore in Q1FY25. Compared to the previous quarter, revenue slipped 7.68 per cent from ₹17,527.25 crore.

 

The dip follows a 6.1 per cent decline in total sales to 180,399 units in the quarter, from 192,055 units in Q1FY25.

 

 

“We continued our stated strategy of ‘quality of growth’ in the first quarter of FY26 with balance between domestic and exports, market share, and profitability. This strategy helped us to sustain a strong earnings before interest, taxes, depreciation, and amortisation (Ebitda) margin of 13.3 per cent during the quarter, despite a tough macroeconomic environment,” said Unsoo Kim, managing director of Hyundai Motor India.

 

Domestic slump drags sales; exports provide some relief

Hyundai’s domestic sales stood at 132,259 units in Q1FY26, down 11.5 per cent from 149,455 units in the same quarter last year. Sales also declined sequentially from 153,550 units in Q4FY25.

 

Meanwhile, exports rose 13 per cent to 48,140 units, up from 42,600 units in the year-ago quarter. The surge in exports helped the company contain the overall decline in total sales.

 

“Moving forward, we anticipate gradual recovery in domestic demand sentiments, driven by the onset of the monsoon and festive season, coupled with government policy measures. On the exports front, we are confident of maintaining positive momentum in line with our growth commitments,” Kim said.

 

The carmaker also stated that its i10 brand has crossed three million cumulative sales across domestic and export markets. CNG variants accounted for 15.6 per cent of total sales in the quarter, supported by the rollout of dual-cylinder technology and new model variants, it added.

 

Shares of Hyundai Motor closed at ₹2,084.95 apiece on the BSE on Wednesday.

 

Hyundai Motor India Q1FY26 results highlights

• Revenue from operations: ₹16,179.62 crore
• Profit after tax (PAT): ₹1,369.23 crore
• Ebitda margin: 13.3 per cent
• Total sales: 180,399 units
• Domestic sales: 132,259 units
• Exports: 48,140 units