Hyundai Motor India Limited (HMIL) announced its Q3 FY26 results, showcasing strong performance with revenue at INR 179,735 Mn (+8.0% YoY) and EBITDA at INR 20,183 Mn (+7.6% YoY). PAT reached INR 12,344 Mn (+6.3% YoY). For the nine-month period, EBITDA stood at INR 66,325 Mn (+3.3% YoY), with margins expanding to 12.8%. The company highlighted domestic demand driven by GST 2.0 & festive tailwinds and leadership in the SUV segment with the Creta.
Financial Performance in Q3 FY26
Hyundai Motor India Limited (HMIL) has reported positive financial results for Q3 FY26. Key highlights include:
- Revenue: INR 179,735 Mn, an increase of +8.0% YoY.
- EBITDA: INR 20,183 Mn, reflecting a growth of +7.6% YoY.
- PAT: INR 12,344 Mn, up by +6.3% YoY.
Nine-Month Performance Highlights
The company also demonstrated solid performance over the nine-month period:
- EBITDA: Stood at INR 66,325 Mn, showing an increase of +3.3% YoY.
- Margin Expansion: Margins expanded to 12.8%.
Key Strategic Drivers
Several factors contributed to Hyundai’s strong performance:
- Domestic Demand: Supported by GST 2.0 & festive tailwinds, leading to a 5% QoQ increase in wholesale volume.
- SUV Leadership: CRETA reclaimed its position as the No. 1 SUV sold in India, with record sales exceeding 200,000+ units in CY2025.
- New Venue: Garnered strong market response with nearly 80K bookings.
- Export Momentum: Volumes up 21% YoY in Q3 FY26, contributing 25% to the overall sales mix.
CEO’s Statement
Mr. Tarun Garg, Managing Director & Chief Executive Officer, stated that the results underscore the company’s resilience and execution of the “Quality of Growth” strategy. He highlighted the expansion of EBITDA margins to 12.8% on a year-to-date basis and expressed optimism for a healthy 2026, supported by robust sales figures.
Source: BSE