Hyundai Motor India posts 8% YoY revenue growth in Q3 FY26

Hyundai Motor India reported a steady set of numbers for the third quarter ended 31 December 2025, with revenue and profitability improving year on year, even as margins came under some sequential pressure.

Revenue from operations in Q3 FY26 stood at Rs 17,973.5 crore, up 8.0% year on year from Rs 16,648.0 crore in the same quarter last year. On a quarter-on-quarter basis, revenue rose 2.9% from Rs 17,460.8 crore reported in Q2 FY26, aided by healthy volumes and an improved sales mix.

Total income for the quarter came in at Rs 18,217.1 crore, registering a 7.8% YoY increase and a 3.0% QoQ rise.

Profit before tax for the quarter was Rs 1,666.0 crore, up 6.6% YoY from Rs 1,562.7 crore in Q3 FY25. However, PBT declined 21.6% sequentially compared to Rs 2,126.0 crore in Q2 FY26, largely reflecting higher costs.

Profit after tax stood at Rs 1,234.4 crore, an increase of 6.3% year-on-year versus Rs 1,160.7 crore in the corresponding quarter last year. On a sequential basis, PAT fell 21.5% from Rs 1,572.3 crore in Q2 FY26.

Total expenses during the quarter rose to Rs 16,551.1 crore, up 7.9% YoY and 6.3% QoQ, driven by higher material costs, employee expenses and other operating expenses.

For the nine months ended 31 December 2025, Hyundai Motor India reported revenue from operations of Rs 51,847.2 crore, up 1.2% compared with Rs 51,252.6 crore in the same period last year. PAT for the nine-month period rose 3.2% YoY to Rs 4,175.9 crore.

Commenting on the company’s performance, Tarun Garg, Managing Director & Chief Executive Officer, Hyundai Motor India, said, “The third quarter performance underscores our resilience and strong execution of our ‘Quality of Growth’ strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8% as against 12.5% last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January ’26 sales number gives us great momentum towards a healthy 2026.”