Hyundai Motor India Limited has achieved a significant milestone by recording its highest-ever February sales performance, demonstrating strong market momentum in the Indian automotive sector. The company reported total sales of 66,134 units in February, marking a robust 12.60% year-on-year growth from the previous year's 58,727 units and surpassing market estimates of 64,100 units.

Record-Breaking Sales Performance

The February results showcase exceptional performance that exceeded both historical benchmarks and market expectations. The company achieved its highest-ever domestic sales for any February month, underlining strong consumer demand in the Indian market.

Strong Domestic Market Performance

The domestic market contributed significantly to the overall performance with 52,407 units sold in February. This represents not only a healthy 9.80% year-on-year growth but also establishes a new record for the highest-ever domestic sales in any February month since the company's establishment. The strong domestic performance reflects robust consumer confidence and effective market strategies.

Exceptional Export Growth

Export performance was particularly noteworthy, with 13,727 units contributing to February sales. The export segment demonstrated remarkable momentum with a substantial 24.80% year-on-year growth, highlighting the company's expanding global footprint and international market acceptance of its products.

Market Outperformance

The actual sales figure of 66,134 units significantly exceeded market estimates of 64,100 units, representing a positive variance that demonstrates the company's ability to outperform market expectations. This outperformance reinforces investor confidence and validates the company's strategic initiatives in the competitive automotive landscape.

Strategic Milestone Achievement

This performance represents a continuation of strong sales momentum for Hyundai Motor India Limited, building on sustained growth patterns. The February results reinforce the company's market position as it continues operations in India, demonstrating sustained growth and market leadership while exceeding analyst expectations in the competitive automotive sector.

Hyundai Motor India Limited has announced key changes in its senior management structure, appointing a new leader for its Genesis luxury brand operations while restructuring its leadership team effective February 16, 2026.

Senior Management Changes

The company has made two significant personnel changes as part of its organizational restructuring:

New Genesis Leadership

Mr. Madhurendra Malu has been appointed as the Vertical Head for Genesis, bringing extensive automotive industry experience to lead the luxury brand's operations in India. His appointment signals the company's commitment to strengthening its premium segment presence.

Professional Background

Malu's career spans over two decades in the automotive sector, with notable achievements across multiple organizations:

• JSW MG Motor India: Successfully launched the MG SELECT luxury channel
• SKODA Auto India: Led massive expansion of the dealer network
• Maruti Suzuki: Held diverse leadership roles across sales and strategy during an extended tenure
• Education: Alumni of MDI Gurgaon

His expertise in data-driven strategy and luxury market positioning is expected to accelerate Genesis's premium positioning and launch activities in the Indian market.

Regulatory Compliance

The changes have been communicated to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company has confirmed that Mr. Madhurendra Malu has no relationship with any Director on the Board of the Company.

Strategic Implications

The appointment of Malu as Genesis Vertical Head reflects Hyundai Motor India's focus on expanding its luxury vehicle segment in the Indian market. His proven track record in luxury channel development and dealer network expansion positions him well to drive the Genesis brand's growth strategy in India's evolving premium automotive landscape.