Hyundai Motor India Ltd on Wednesday released its fiscal first quarter earnings report with profit at Rs 1,369.23 crore. The profit for the quarter recorded an 8.08 per cent drop in comparison to Rs 1,489.65 crore reported during the corresponding quarter of FY25. It posted revenue from operations at Rs 16,412.88 crore, down 5.37 per cent as against Rs 17,344.23 crore reported during the first quarter of previous financial year.
The company EBITDA stood at Rs 2185.20 crore and EBITDA margin was at 13.3 per cent, driven by higher export mix & disciplined cost control measures.
Unsoo Kim, Managing Director, said, “We continued our stated strategy of “Quality of Growth” in the first quarter of FY 2026 with balance between domestic & exports, market share and profitability. This strategy helped us to sustain a strong EBITDA margin of 13.3 per cent during the quarter, despite a tough macro-economic environment.”
Hyundai Q1 Results: SUVs and exports drive performance
Hyundai’s average selling price (ASP) improved 1 per cent year-on-year. This, it added, was driven by a richer product mix, particularly the higher contribution of SUVs. However, total volumes declined 6 per cent both YoY and sequentially.
Despite weaker volumes, the company posted a strong operational performance, supported by improved realisations and a greater share of SUVs in its sales mix.
The auto firm reported an accelerated exports growth, with volume up 13 per cent on YoY basis, while domestic growth remained subdued, amid macro challenges.
Although the share of domestic SUV sales declined by 540 basis points on-quarter, a 680 basis point rise in SUV exports helped bolster overall performance.
Hyundai noted that SUVs continue to gain traction across both urban and rural markets. According to the details shared by the auto major on the exchanges, rural markets showed increasing importance in Hyundai’s growth strategy. The region recorded contributions rising to 22.6 per cent during the quarter, as the company expanded into untapped white space opportunities. Additionally, CNG vehicles are gaining ground, aided by product interventions. It posted CNG shares enhanced to 15.6 per cent, supported by the rollout of new dual-cylinder technology and fresh CNG variants.
Hyundai Q1 Results: Other key highlights
Further, Hyundai said that the CRETA continued to dominate the SUV category, maintaining its leadership position while also marking ten years since its launch. It surpassed 3 million cumulative sales across domestic and export markets for its Brand i10.
Moving forward, Unsoo Kim said, “We anticipate gradual recovery in domestic demand sentiments, driven by onset of monsoon & festive season coupled with government policy measures, while on the exports front, we are confident to maintain a positive momentum, in line with our growth commitments.”
Hyundai Q1 Results: Record date for final dividend
Hyundai also fixed August 5, 2025 as the record date for its final dividend of Rs 21 per equity share. In a regulatory filing, the company said that the board of directors have approved, “…fixation of record date i.e. Tuesday, August 05, 2025 for Final Dividend. Final Dividend of Rs. 21 per equity shares was declared by the Board of Directors in their meeting held on May 16, 2025 subject to the approval of shareholders in the ensuing Annual General Meeting.”