“The company has planned to increase the prices of its vehicles by up to 1% across its portfolio, effective September 2026. The quantum of increase will vary depending on the model and variant,” according to a stock exchange filing
The price revision has been necessitated by rising input and commodity costs, higher operational expenses, and continuing geopolitical and macroeconomic uncertainties, among other factors.
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Hyundai Motor India said it continues to make efforts to optimise costs and absorb cost escalations to minimise the impact on customers. However, the persistence of cost pressures has necessitated passing on part of the increased costs to customers through the marginal price revision, the company said.
This comes after India’s largest carmaker Maruti Suzuki yesterday raised prices across its Arena and Nexa lineup from August 2026, marking its second price hike this year after a similar revision in June. The increase varies by model and variant, ranging from ₹2,500 to ₹30,000 across the portfolio.
The company cited rising input and commodity costs and global economic factors for the latest revision. Maruti Suzuki said it has worked to contain costs elsewhere, but a portion of the increase is now being passed on to buyers.
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First Quarter Results
Hyundai Motor India’s 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.
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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.
Shares of Hyundai Motor India Ltd ended at ₹2,178.00, down by ₹7.50, or 0.34%, on the BSE.
