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 2026, marking a robust 12.6% year-on-year growth and establishing new benchmarks for February performance since the company's inception.

Record-Breaking Sales Performance

The February 2026 results showcase exceptional performance across both domestic and export segments. 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 2026. This represents not only a healthy 9.8% 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 2026 sales. The export segment demonstrated remarkable momentum with a substantial 24.8% year-on-year growth, highlighting the company's expanding global footprint and international market acceptance of its products.

Leadership Perspective on Performance

MD & CEO Tarun Garg expressed satisfaction with the continued strong performance, noting that the company kicked off 2026 with record January sales and maintained the momentum through February. He emphasized the company's clear ambition as it approaches its 30-year milestone in India, focusing on making cutting-edge connected technology accessible to all customers while elevating ownership experiences and carrying the Hyundai spirit from India to the world.

Strategic Milestone Achievement

This performance represents a continuation of strong sales momentum for Hyundai Motor India Limited, building on what the company described as highest-ever monthly sales achieved in January 2026. The February results reinforce the company's market position as it approaches the completion of 30 years of operations in India, demonstrating sustained growth and market leadership in the competitive automotive landscape.

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.