- Hyundai Motor India reported a net profit of ₹889 crore for Q1 FY27.
- This represents a 35% decrease from the previous year's earnings.
- The company experienced a challenging quarter due to multiple headwinds.
- The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026.
- The company noted that temporary production disruptions limited domestic volume growth in the quarter to 5.4% YoY.
- Its exports were impacted by the ongoing West Asia conflict.
- EBITDA tumbled 31% year-on-year to ₹1,512 crore.
- Total expenses rose over 4% YoY to ₹15,407 crore during the quarter under review.
- Hyundai Motor India hit a temporary speed breaker in the first quarter of FY27, reporting lower revenue and profit as production disruptions and export challenges weighed on performance.
Hyundai Motor India faced a challenging first quarter in FY27, reporting a 35% decline in net profit to ₹889 crore due to production disruptions and export challenges. Revenue from operations fell to ₹16,335 crore, while EBITDA decreased by 31% year-on-year to ₹1,512 crore.17
The company noted that temporary production disruptions limited domestic volume growth to 5.4% year-on-year. Exports were also affected by the ongoing conflict in West Asia. CEO Tarun Garg stated, “Q1 FY27 was a challenging quarter, affected by multiple headwinds impacting volumes and profitability.”35
Despite these challenges, Hyundai reported strong customer traction, with the all-new Venue achieving its highest-ever quarterly sales in the domestic market. The company also highlighted a rising contribution from CNG vehicles, with the Aura and Exter models reaching their highest-ever CNG contributions of 95% and 32%, respectively. Rural traction accelerated to an all-time high penetration of 26%.
Looking ahead, Hyundai reiterated its guidance of 8% to 10% year-on-year volume growth in both domestic and export markets, along with an EBITDA margin of 11% to 14% for FY27. Garg expressed optimism, stating that with 100% normalization of production and a healthy demand environment, recovery is expected to gain pace from Q2 onwards.
“Revenue from operations dipped to Rs 16,335 crore, while EBITDA tumbled 31% year-on-year to Rs 1,512 crore. Despite these challenges, the company anticipates recovery in Q2, driven by a healthy demand environment and an upcoming product pipeline.”
