Hyundai Motor India Limited (HMIL), one of the country's leading automobile manufacturers, has released its financial results for the first quarter, showcasing resilience in a challenging market environment.

Financial Performance

For the quarter, Hyundai Motor India reported:

Despite a challenging macro-economic environment, Hyundai maintained a strong EBITDA margin of 13.3% during the quarter. The company's revenue stood at ₹16,413.00 crore, compared to ₹17,344.00 crore in the same quarter last year, marking a 5.4% decrease.

Sales Performance

Hyundai's total sales for the quarter reached 180,399 units, showing a 6.1% decrease compared to the same period last year. The breakdown of sales is as follows:

• Domestic sales: 132,259 units (11.5% YoY decrease)
• Exports: 48,140 units (13.0% YoY increase)

The company witnessed accelerated growth in exports, with volumes up by 13% year-on-year, while domestic growth remained subdued amid macro challenges.

Product Highlights

• CRETA maintained its leadership position in the SUV segment.
• The i10 brand surpassed 3 million cumulative sales in domestic and export markets.
• Hyundai's rural thrust increased, with rural contribution rising to 22.6%.
• CNG vehicle contribution enhanced to 15.6%, boosted by the introduction of dual-cylinder technology and new variants.

Strategic Developments

Hyundai recently commenced engine production at its Pune manufacturing facility, marking a significant step in its "Make in India, Made for the World" initiative.

Market Outlook

Mr. Unsoo Kim, Managing Director of Hyundai Motor India, commented on the results, stating, "We continued our stated strategy of 'Quality of Growth' in the first quarter with balance between domestic & exports, market share and profitability. This strategy helped us to sustain strong EBITDA margin of 13.3% during the quarter, despite tough macro-economic environment."

Looking ahead, Mr. Kim added, "We anticipate gradual recovery in domestic demand sentiments, driven by onset of monsoon & festive season coupled with government policy measures, while on the exports front, we are confident to maintain a positive momentum, in line with our growth commitments."

The company's cautious optimism aligns with the broader industry expectation of a slow improvement in local demand conditions, suggesting a measured recovery trajectory for the domestic market in the coming quarters.

As Hyundai navigates through these challenging times, its focus on balanced growth between domestic and export markets, coupled with strategic product launches and technology innovations, is expected to play a crucial role in maintaining its strong position in the Indian automotive sector.

Hyundai Motor India Limited , one of the country's leading automobile manufacturers, has reported a decline in its financial performance for the first quarter of the fiscal year. The company's consolidated financial results show a decrease in key financial metrics compared to the same period last year.

Revenue and Profit

Hyundai Motor India's consolidated net profit for Q1 decreased to ₹13.69 billion, down from ₹14.90 billion in the corresponding quarter of the previous year. This represents a year-over-year decline of approximately 8.08%.

The company's revenue also saw a downturn, falling to ₹164.13 billion from ₹173.44 billion in the same period last year, marking a decrease of about 5.37%.

EBITDA Performance

The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter declined to ₹21.85 billion from ₹23.40 billion in the previous year. This represents a decrease of approximately 6.62%.

The EBITDA margin slightly decreased to 13.31% from 13.49% in the same period last year, indicating a marginal decline in operational efficiency.

Detailed Financial Overview

A closer look at the unaudited consolidated financial results reveals:

Management Commentary

While the company has not provided specific management commentary on the Q1 results, the decline in financial performance could be attributed to various factors affecting the automotive industry, such as global economic conditions, changes in consumer preferences, or supply chain challenges.

Future Outlook

Despite the current decline, Hyundai Motor India continues to be a significant player in the Indian automotive market. The company recently commenced production of Passenger Vehicle Engines at its new Manufacturing Facility 'Talegaon Plant' in Maharashtra on June 16, 2025, which could potentially contribute to future growth and operational efficiency.

As the automotive industry navigates through various challenges and opportunities, including the transition to electric vehicles and changing regulatory landscapes, Hyundai's performance in the coming quarters will be closely watched by investors and industry analysts alike.

Investors and stakeholders are advised to keep an eye on future announcements and quarterly results to gauge the company's trajectory in the evolving automotive market.