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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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Hyundai Motor India Q4 PAT falls 22% to ₹1,256 crore, FY2...
2026-05-08 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

Hyundai Motor India Ltd (HMIL) for the fourth quarter ended March 31, 2026 reported 22% YoY fall in consolidated Profit After Tax (PAT) to ₹1,256 crore. Revenue for the quarter grew 5.4% to ₹18,916 crore.

For FY26 the company reported 4% YoY fall in PAT to ₹5,432 crore. Revenue for the year grew 2.3% to ₹70,763 crore. The Board has recommended a dividend of ₹21 per share.

To support growth aspirations, the company has announced the expansion of its Pune facility by another 70,000 units post Phase-II expansion, taking the overall capacity to 1.14 million units by 2030.

Tarun Garg, Managing Director & Chief Executive Officer, HMIL said, “As we celebrate 30 years of operations in India, we take pride in building a strong foundation anchored in customer trust, innovation, and consistent execution.”

“FY26 was a year where we demonstrated our ability to navigate a challenging environment while capitalizing on emerging opportunities, supported by GST 2.0 reforms, strategic product interventions, strong export volumes and our continued focus on ‘Quality of Growth’,” he said.

Looking ahead to FY27, he said the company has started the year on a strong footing, with April domestic volumes growing 17% YoY. 

“We expect this positive momentum to continue and backed by new product launches in high-demand segments and other strategic initiatives, we expect 8-10% volume growth in domestic market,” he said.

“Having said that, our enhanced plant capacity and flexible operations position us to swiftly respond to any further growth opportunities, should they arise during the year. For exports, we remain watchful of geopolitical uncertainties, however, we are confident of registering 8-10% volume growth, reinforcing our position as the hub for emerging markets,” he added.

Published - May 08, 2026 07:33 pm IST