Hyundai Motor India Limited (HMIL) has announced its unaudited financial results for the second quarter and half year ended September 30, 2026. Revenue for the quarter surpassed the ₹20,000 crore milestone, reaching ₹206,961 million. EBITDA margin stood at 9.5%, driven by strong sales volumes and cost management initiatives.
Hyundai Motor India Reports Strong Q2 FY27 Performance
Hyundai Motor India Limited (HMIL) has announced its unaudited financial results for the second quarter and half year of the Financial Year 2026-27. The company reported a significant milestone, with its revenue for the quarter surpassing ₹20,000 crore for the first time since its inception.
Key Financial Highlights (Consolidated)
In the second quarter of FY27 (Q2 FY27), HMIL’s consolidated revenue reached ₹206,961 million, an increase from ₹174,608 million in Q2 FY26. The company’s EBITDA for the quarter was ₹19,745 million, with an EBITDA margin of 9.5%. Profit After Tax (PAT) stood at ₹11,962 million.
Half-Yearly Performance
For the half year ended September 30, 2026 (H1 FY27), consolidated revenue was ₹370,307 million. The EBITDA for the half year was ₹34,862 million, and PAT was ₹20,848 million.
Operational Performance and Outlook
The results were driven by record-ever quarterly total sales of 219,072 units, supported by healthy growth in domestic volumes and export segments. Domestic sales saw a 19% increase YoY and QoQ, with strong rural penetration and CNG contributions. Exports grew by 4% YoY. The company highlighted the positive market reception for its new product cycle, starting with the BAYON, and expressed confidence in leveraging accelerated momentum in the second half of FY27.
Commenting on the results, Mr. Tarun Garg, Managing Director & Chief Executive Officer, stated, “Q2 FY27 was a milestone quarter for HMIL, marked by record volumes and quarterly revenue exceeding ₹20,000 crore for the first time since our inception. However, elevated commodity costs weighed on the quarter’s profitability.” He added that the company is focused on strengthening its leadership, delivering sustainable growth, and preparing for the launch of a dedicated mass-market EV in Q4 FY27.
Source: BSE
