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Hyundai Motor India Q3 Profit Up 6% Year on Year as Revenue Hits Rs 17,973 Crore

Rising operating expenses narrowed margins, resulting in a quarter-on-quarter profit decline.

Overview

  • Consolidated PAT stood at Rs 1,234.4 crore and revenue reached Rs 17,973.49 crore in Q3 FY26, up 6.35% and about 8% year on year, respectively.
  • Sequential profit fell from Rs 1,572 crore in Q2 as total expenses rose to Rs 16,551.11 crore, led by higher employee benefits and other operating costs.
  • Total Q3 sales were 195,436 units, up 4.8% year on year, with domestic volumes roughly flat at 146,548 units and exports up 21.1% to 48,888 units.
  • EBITDA came in at Rs 2,018.3 crore, up 7.6% year on year, and year-to-date EBITDA margin improved to 12.8% from 12.5% a year earlier.
  • Management cited strong January 2026 sales and implemented a January price increase mainly on the Venue to offset commodity volatility, aligning its outlook with SIAM’s 5–6% industry growth forecast.