Hyundai Motor India Ltd reported a mixed set of Q4 FY26 results, with revenue rising year-on-year but profitability declining sharply due to margin pressure.
The company posted revenue from operations of ₹18,916.15 crore for the quarter ended March 2026, registering a growth of 5.44% year-on-year compared to ₹17,940.28 crore in the corresponding quarter last year. Revenue also increased 5.24% sequentially.
However, operating performance weakened during the quarter. EBITDA declined 22.38% YoY to ₹1,965.97 crore from ₹2,532.66 crore a year ago. On a quarter-on-quarter basis, EBITDA slipped 2.60%.
EBITDA margin contracted significantly to 10.39% compared to 14.12% in Q4 FY25 and 11.23% in the previous quarter, reflecting pressure on operating profitability.
Profit before tax (PBT) stood at ₹1,603.87 crore, down 26.27% year-on-year from ₹2,175.40 crore. Sequentially, PBT declined 3.73%.
Net profit for the quarter came in at ₹1,255.63 crore, marking a decline of 22.22% YoY compared to ₹1,614.35 crore reported in the year-ago period. However, profit rose marginally by 1.72% on a sequential basis.
Other income increased to ₹259.38 crore during the quarter versus ₹209.58 crore in the corresponding period last year and ₹243.65 crore in Q3 FY26.
The results come amid continued competition in the domestic passenger vehicle market and rising input costs across the automobile sector. Automakers have also been facing pricing pressures and changing consumer demand trends, particularly in the entry and mid-sized vehicle segments.
Hyundai Motor India remains one of the country’s largest passenger vehicle manufacturers and has been expanding its SUV portfolio while increasing focus on electric mobility and premium offerings. The company has also been investing in localisation and manufacturing capabilities as competition intensifies in the Indian auto market.
Market participants are likely to closely track management commentary around demand trends, margin recovery, exports, and upcoming product launches in the coming quarters.
Disclaimer: This article is for informational purposes only and does not constitute investment advice