Hyundai Motor India Q1 FY27 Results: Profit Declines 35% Despite Stable Revenue; Export Growth Supports Performance
Hyundai Motor India Limited (HMIL) has announced its financial results for the first quarter of FY27, reporting relatively stable revenue but lower profitability due to a challenging domestic passenger vehicle market and increased operating costs. The company, however, continued to benefit from strong export demand, helping maintain its overall business performance.
The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, at its meeting held on July 30, 2026.
Q1 FY27 Consolidated Financial Highlights
| Particulars | Q1 FY27 | Q1 FY26 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹16,334.6 crore | ₹16,412.9 crore | -0.5% |
| Total Income | ₹16,609.0 crore | ₹16,627.7 crore | -0.1% |
| Profit Before Tax | ₹1,201.7 crore | ₹1,847.2 crore | -34.9% |
| Net Profit (PAT) | ₹888.6 crore | ₹1,369.2 crore | -35.1% |
| Earnings Per Share (EPS) | ₹10.94 | ₹16.85 | -35.1% |
Revenue Remains Resilient
Hyundai Motor India reported revenue from operations of ₹16,334.6 crore, broadly in line with the same quarter last year despite softer domestic demand. Total income stood at ₹16,609 crore, reflecting the company’s ability to maintain sales through a balanced mix of domestic and export volumes.
Profitability Under Pressure
While revenue remained stable, profitability declined during the quarter.
- Profit Before Tax (PBT) fell to ₹1,201.7 crore from ₹1,847.2 crore a year ago.
- Net Profit (PAT) declined to ₹888.6 crore, compared with ₹1,369.2 crore in Q1 FY26.
- Basic Earnings Per Share (EPS) dropped to ₹10.94 from ₹16.85 in the corresponding quarter last year.
Standalone Performance
On a standalone basis, the company also reported lower earnings.
| Particulars | Q1 FY27 |
|---|---|
| Revenue from Operations | ₹15,865.4 crore |
| Total Income | ₹16,172.9 crore |
| Profit Before Tax | ₹1,182.7 crore |
| Net Profit | ₹883.1 crore |
| EPS | ₹10.87 |
Key Business Developments
Hyundai Motor India continues to focus on strengthening its product portfolio, enhancing customer experience, and expanding exports. The company operates across vehicle manufacturing, after-sales services, engineering, and insurance broking through its subsidiaries.
The company also highlighted that it is assessing the financial impact of the Environment Protection (End-of-Life Vehicles) Rules, 2025. Since the pricing mechanism for Extended Producer Responsibility (EPR) certificates has not yet been finalized, no financial provision has been recognized at this stage.
Outlook
Hyundai Motor India expects the passenger vehicle industry to remain competitive in the coming quarters. The company aims to support growth by:
- Launching new products and model updates.
- Expanding export opportunities.
- Improving operational efficiencies.
- Strengthening its premium SUV portfolio.
- Investing in future mobility and sustainability initiatives.