Hyundai Motor India Strong Q3 FY26 Results Driven by SUV Momentum

Hyundai Motor India announced strong results for Q3 FY26, driven by robust SUV sales and export growth. Total sales increased by 4.8% YoY, fueled by GST tailwinds. The all-new Hyundai VENUE received nearly 80,000 bookings. Strong penetration of Diesel and CNG trims continued during the quarter. Profitability metrics improved through better sales mix and cost control.

Q3 FY26 Business Highlights

Hyundai Motor India saw vehicle production commencement at Pune Plant, which will act as a foundation for future growth. The company also achieved its highest-ever annual sales of 200K+ units in a calendar year, marking the 10th consecutive year as No. 1 in its segment. Further, the company is making a foray into the commercial mobility segment.

Sales Performance

Hyundai experienced overall volume growth both YoY & QoQ. Total sales stood at 195,436 units, reflecting a 4.8% YoY increase. Domestic sales reached 146,548 units, and exports surged by 21.1% YoY. The ‘New Venue’ garnered robust traction, boosting SUV momentum.

Domestic Volume Mix

SUVs accounted for 70% of the domestic volume mix in Q3 FY26. Hatchbacks accounted for 17%, while Sedans contributed 13%. The brand’s fuel mix consisted of 1% EV, 16% CNG, and the rest being diesel and petrol.

Financial Performance: Q3 FY26

The company saw YoY growth in revenue and profitability. Revenue reached ₹179,735 Mn, an 8.0% YoY increase. EBITDA was ₹24,289 Mn, and PAT stood at ₹12,344 Mn. This growth was despite costs associated with capacity stabilization and commodity price increases.

Financial Performance: 9M FY26

For the nine-month period, Hyundai showcased growth in revenue & profitability metrics. Revenue was ₹518,472 Mn. EBITDA reached ₹66,325 Mn, and PAT stood at ₹41,759 Mn. These achievements were made through better sales mix and cost control measures.

Source: BSE

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