Hyundai Motor Q1: Net profit slips 8%, revenue declines to ₹16,413 crore YoY

Its revenue from operations stood at ₹16,413 crore for the quarter under review as against ₹17,344 crore seen in the corresponding quarter last year, marking a decline of 5.4% year-on-year (YoY).

Hyundai’s operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA) for Q1 FY25, slipped 6.6% to ₹2,186 crore in contrast to ₹2,341 crore seen in the corresponding quarter the previous year.

Its margin contracted 13.3% in the reporting quarter as compared to 13.5%.

The carmaker said, “Amid challenging domestic market conditions, maintained margin resilience is backed by accelerated exports and cost control measures.”

Hyundai’s board had recommended a final dividend of ₹21 per share with a face value of ₹10 each for 2024-25. The firm’s board has approved the dividend and fixed a record date of August 5, 2025, on Wednesday.

Following the earnings, shares of the auto firm were trading at ₹2,083.20 apiece, falling 0.83% on the National Stock Exchange.

Commenting on the earnings, Unsoo Kim, Managing Director, said, “We continued our stated strategy of ‘Quality of Growth’ in the first quarter of FY 2026 with balance between domestic & exports, market share, and profitability. This strategy helped us to sustain a strong EBITDA margin of 13.3% during the quarter, despite the tough macroeconomic environment.”

The company further said that accelerated export growth helped to minimise the impact of domestic weakness.

Its total sales dropped 6.1% YoY during the reporting quarter to 180,399 units compared to 192,055 units in Q1 FY25. Hyundai is leveraging export opportunities amid tough domestic market conditions, it said.

Exports, however, increased 13% on a yearly basis from 42,600 units in Q1 FY25 to 48,140 units in Q1 FY26.

Hyundai' domestic sales fell 11.5% to 132,259 units as against 149,455 units YoY on the back of macro challenges that continued to impact demand sentiment.

The company has enhanced CNG contribution by 15.6%, a positive rub-off amid the introduction of dual-cylinder technology and new variants.

Hyundai said its SUV segment continues to gain traction across urban and rural markets, followed by hatchbacks and sedans. CRETA was the segment leader in the SUV segment while successfully completing a decade since launch, the company said.

“Moving forward, we anticipate gradual recovery in domestic demand sentiments, driven by the onset of the 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,” Kim further said.