Tarun Garg, Wholetime Director & COO, HMIL, said the company continued to build on its sales momentum, supported by GST 2.0 reforms. He added that the sharp growth in exports further strengthens India’s role as a manufacturing hub for Hyundai globally.A major highlight of the month was the all-new Hyundai Venue, which the company described as its first software-defined car in India. The compact SUV has received over 32,000 bookings within a month of its launch. Garg said the model’s bold design and advanced technology – including ccNC infotainment powered by NVIDIA – significantly adds to Hyundai’s already strong SUV range.
The automaker reported a 14.3% year-on-year (year-on-year) increase in consolidated net profit to Rs 1,572 crore for the quarter ended September 2025, compared to Rs 1,375 crore in the same period last year.
EBITDA margin improved by 113 basis points year-on-year to 13.9%, supported by a favorable product and export mix, together with continued cost optimization initiatives.
In the second quarter of FY26, domestic volumes rose 5.5% QoQ, driven by GST 2.0 reforms and a vibrant festive season. The quarter also marked Hyundai’s highest-ever domestic SUV contribution.
“We aim to keep pace with the industry growth momentum for the remainder of the year, while our strong export performance will exceed FY26 targets,” management said.
Hyundai Motor India shares are up 35% this year.
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