Hyundai Motor India Reports Strong Q2 Results, Appoints New MD & CEO
Hyundai Motor India's Q2 standalone revenue reached ₹171,558.31 million, up from ₹169,607.98 million year-over-year. Profit after tax increased to ₹15,702.48 million from ₹13,377.93 million. The company's Board approved the appointment of Tarun Garg as Managing Director and CEO, effective January 1. Hyundai also commenced production at its new Talegaon facility in Maharashtra, with an annual capacity of 170,000 units.

*this image is generated using AI for illustrative purposes only.
Hyundai Motor India reported strong financial results for the second quarter, surpassing the previous year's performance across key metrics.
Q2 Financial Performance
Hyundai Motor India's standalone revenue for Q2 reached ₹171,558.31 million, compared to ₹169,607.98 million in the same quarter of the previous year. The company's profit after tax increased to ₹15,702.48 million from ₹13,377.93 million year-over-year.
Other key financial highlights include:
| Metric | Q2 Value | Previous Q2 Value |
|---|---|---|
| Revenue | ₹171,558.31 million | ₹169,607.98 million |
| Profit After Tax | ₹15,702.48 million | ₹13,377.93 million |
Half-Year Performance
For the half-year period ended September 30, Hyundai Motor India reported:
- Revenue: ₹333,354.47 million
- Profit After Tax: ₹29,060.01 million
New Leadership
The company's Board has approved a postal ballot notice for appointing Tarun Garg as Managing Director and Chief Executive Officer, effective January 1.
Manufacturing Expansion
Hyundai Motor India commenced production at its new Talegaon manufacturing facility in Maharashtra from October 1. This new facility has an annual production capacity of 170,000 units, which may potentially boost the company's manufacturing capabilities.
Looking Ahead
While these results demonstrate strong performance, key areas of interest for investors may include:
- EV Portfolio Sales Strategy
- Demand Outlook
- New Product Timelines
- Integration and Impact of the New Talegaon Facility
These factors could be crucial in assessing Hyundai Motor India's future growth prospects and market positioning.
The company's performance in Q2 demonstrates its resilience and growth in the current market environment. However, it will be important to monitor how Hyundai Motor India navigates ongoing industry challenges, capitalizes on emerging opportunities, and leverages its expanded production capacity in the Indian automotive market.
Historical Stock Returns for Hyundai Motor India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.46% | -3.23% | +0.61% | +24.11% | +28.03% | +28.45% |
















































