Hyundai Motor India Q1 results: PAT drops 35% as revenue stays flat

Hyundai Motor India Q1 results: PAT drops 35% as revenue stays flat


Hyundai Motor India reported a 35.1% year-on-year decline in consolidated net profit for the quarter ended June 30, 2026, as revenue remained largely flat and operating profitability weakened during the period.

Consolidated profit after tax (PAT) came in at ₹888.6 crore in the first quarter of financial year 2027, compared with ₹1,369.2 crore in the corresponding quarter last year. Revenue from operations slipped 0.5% to ₹16,334.6 crore from ₹16,412.9 crore a year ago.

The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 31% year on year to ₹1,511 crore from ₹2,186 crore. As a result, EBITDA margin contracted to 9.3% from 13.3% in the year-ago quarter.

Total expenses increased 4.2% year on year to ₹15,407.4 crore from ₹14,780.5 crore, outpacing revenue growth and weighing on the company’s overall profitability during the quarter.

Compared with the March quarter, Hyundai Motor India’s consolidated PAT declined 29.2% from ₹1,255.6 crore. Revenue from operations fell 13.7% sequentially from ₹18,916.2 crore, while total expenses declined 12.3% from ₹17,571.7 crore in the preceding quarter.

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Other disclosures

Apart from the financial performance, Hyundai Motor India made a few regulatory disclosures. The company said it has not recognised any provision for obligations arising under the Environment Protection (End-of-Life Vehicles) Rules, 2025, as the pricing mechanism for Extended Producer Responsibility (EPR) certificates and the implementation framework are yet to be notified. It added that there is currently insufficient information to reliably estimate the financial impact and that it will reassess the obligation once the framework is finalised.Separately, the board approved the appointment of Mukundan MS as Whole-time Director and Chief Manufacturing Officer with effect from September 1, 2026, subject to shareholders’ approval at the upcoming annual general meeting. It also noted the superannuation of Gopalakrishnan CS from the same role, effective August 31, 2026, and fixed August 5 as the record date for the final dividend of ₹21 per equity share announced earlier.Hyundai Motor India shares ended Thursday’s session 2.38% higher at ₹2,040.30 apiece on the National Stock Exchange (NSE), ahead of the company’s June quarter earnings announcement. The stock has gained 3.26% over the past week, 5.91% in the last one month and 11.04% over the past three months. However, it remains down 12.18% on a year-to-date basis and has declined 3.28% over the past one year.



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