Hyundai Motor India on Wednesday reported 8 per cent year on year (YoY) decline in its consolidated net profit at ₹1,369 crore in the first quarter ended June 30, hit by lower sales.
In the April-June quarter of the last fiscal, the auto major posted a net profit of ₹1,490 crore.
Total income declined to ₹16,628 crore for the June quarter as against ₹17,568 crore in the year-ago period, Hyundai Motor India Ltd said in a regulatory filing.
Export growth, rural demand, and product performance
Hyundai noted a 13 per cent YoY increase in exports, while domestic growth remained flat. The company reported that the SUV model Creta retained its position as segment leader and completed 10 years since the launch. The i10 brand crossed 3 million units in cumulative domestic and export sales.
CNG vehicle sales contributed 15.6 per cent to total volume, supported by the rollout of dual-cylinder variants and new models. Rural market share increased to 22.6 per cent, indicating growth in previously under-served areas.
Hyundai also commenced engine production at its new manufacturing facility in Pune during the quarter.
Unsoo KimManaging Director of Hyundai Motor India, said, “We continued our stated strategy of ‘Quality of Growth’ in the first quarter of FY 2026 with balance between domestic and exports, market share, and profitability. This strategy helped us to sustain strong EBITDA margin of 13.3 per cent during the quarter, despite tough macro-economic environment.”
He added that the company expects domestic demand to improve gradually due to seasonal factors and government measures, while export momentum is expected to continue in line with growth plans.