Highlights

• In Q2 FY26, HYUNDAI’s PAT rose to ₹15,723 Mn, marking a 14.3% increase year-on-year.
• Domestic SUV contribution reached a record 71.1%, while rural markets contributed 23.6%.
• Export volumes increased 21.5% YoY, contributing 27% to overall sales volumes.

Hyundai Motor India Limited (NSE:HYUNDAI) announced its unaudited financial results for the second quarter of FY 2025-26 (Q2 FY26), reporting growth across key metrics including profit after tax (PAT), revenue, and export volumes.

Domestic Sales Show Gradual Growth

The company recorded domestic sales growth of 5.5% quarter-on-quarter, supported by GST 2.0 reforms and the festive season boost. The company’s SUV portfolio contributed 71.1% to domestic sales, the highest share recorded in the quarter. Rural markets also contributed significantly, accounting for 23.6% of total domestic volumes.

Export Performance

Exports remained a key growth driver, with volumes rising 21.5% year-on-year. Export sales accounted for 27% of total volumes, underlining the company’s continued expansion in international markets.

Financial Metrics for Q2 FY26

The company reported consolidated revenue of ₹174,608 Mn, up 1.2% compared to the same quarter last year. EBITDA stood at ₹24,289 Mn, up 10.1% year-on-year, with the EBITDA margin improving to 13.9%, driven by favorable product and export mix along with cost optimization measures. Profit after tax (PAT) for the quarter was ₹15,723 Mn, up 14.3% year-on-year.

Half-Year Overview

For the first half of FY26, the company recorded revenue of ₹338,737 Mn, slightly down from ₹346,046 Mn in H1 FY25. EBITDA increased to ₹46,142 Mn with a margin of 13.6% compared to 13.1% in the same period last year. PAT for H1 FY26 stood at ₹29,415 Mn, up from ₹28,651 Mn in H1 FY25.

Management Commentary

Commenting on the results, Mr. Unsoo Kim, Managing Director said,

“We delivered a strong financial performance for the quarter across key metrics with evident growth in revenue and profitability. The strong EBITDA margins at nearly 14% is a further testament of our “Quality of Growth” strategy, complemented by robust exports and consistent cost optimisation efforts. The transformative GST reforms have acted as a catalyst and looking ahead, we aim to keep pace with the industry’s growth momentum for the residual part of the year, while our strong export performance is set to surpass targets for FY26.”

HYUNDAI shares were trading at ₹2,399.90 per share at the time of writing on 31 October 2025.