Hyundai Motor India Q4 Results: Profit falls 23% YoY to Rs 1,221 crore; Rs 21/share dividend declared

Hyundai Motor India on Friday reported a 23% year-on-year (YoY) decline in its standalone net profit at Rs 1,221 crore for the March-ended quarter. The same stood at Rs 1,582 crore a year ago.

The company has also declared a dividend of Rs 21 per share for FY26.

Revenue from operations during the reporting quarter rose 5% YoY to Rs 18,452 crore against Rs 17,562 crore in the same quarter last year.

Quarterly EBITDA came in at Rs 1,966 crore, down 22% from Rs 2,533 crore in the year-ago period and down 3% from Rs 2,018 crore in the previous quarter. EBITDA margin contracted sharply to 10.4% in Q4, compared with 14.1% in Q4 of the previous fiscal year and 11.2% in Q3.

For the full financial year FY26, Hyundai posted revenue of Rs 70,763 crore, up 2% from Rs 69,193 crore in FY25. Annual EBITDA stood at Rs 8,598 crore, down 4% from Rs 8,954 crore last year, while EBITDA margin softened to 12.2% from 12.9%. Net profit for FY26 came in at Rs 5,431 crore, down 4% from Rs 5,640 crore in FY25.

Operationally, Hyundai said it delivered its highest-ever quarterly domestic sales in Q4, helped by GST 2.0 tailwinds and product interventions, with wholesale volumes rising 8.7% YoY. Exports also remained strong, rising 9% YoY in Q4, while full-year export volumes grew 16.4%, reinforcing India’s role as Hyundai’s export hub for emerging markets.

The company also reported record rural penetration of 25% during the quarter, while CNG contribution touched an all-time high of 18%. Hyundai said its Pune plant commenced operations during FY26, strengthening its manufacturing base for future growth.Looking ahead to FY27, Hyundai has guided for domestic and export volume growth of 8-10%. The company also sees capex of about Rs 7,500 crore in FY27.

The company also plans to launch two completely new nameplates in FY27, including one mid-size SUV and one localized electric compact SUV.

Hyundai further announced an expansion of its Pune facility by 70,000 units under Phase II, taking its total annual manufacturing capacity in India to 1.14 million units by 2030.

Commenting on the results, MD and CEO Tarun Garg said April domestic volumes have already grown 17% YoY, giving the company confidence of sustaining growth momentum into FY27.