Hyundai Motor India Limited Q2 FY27 Financial Results

Revenue surpassed ₹20,000 crore milestone, EBITDA margin at 9.5%


Gurugram | October 28, 2026: The Board of Directors of Hyundai Motor India Limited (HMIL) today approved the unaudited financial results (Standalone and Consolidated) for the second quarter and half year of FY 2026-27.

Key Highlights (Q2 FY27):

• Recorded highest-ever quarterly total sales of 219,072 units, supported by healthy growth of 15% YoY and 23% QoQ.
• Strong momentum in domestic, volumes up 19% (YoY and QoQ), complemented by all-time high rural penetration of 26.6% and a record CNG contribution of 19.1% in any quarter.
• Export witnessed growth of 4% YoY and a strong sequential growth of 38%, despite geo-political challenges.
• BAYON marks start of HMIL’s golden product cycle, garners encouraging response.
• Commodity headwinds weighed on profitability, however operating leverage, healthy mix and cost reduction initiatives helped improve EBITDA margin sequentially.


Note : Export volumes include CBU+CKD

Financial Snapshot (Consolidated)

Particulars Q2 FY27 Q1 FY27 Q2 FY26 H1 FY27 H1 FY26
Revenue 206,961 163,346 174,608 370,307 338,737
EBITDA* 19,745 15,117 24,289 34,862 46,142
EBITDA% 9.5% 9.3% 13.9% 9.4% 13.6%
PAT 11,962 8,886 15,723 20,848 29,415

*EBITDA excludes other income.


Commenting on the Company’s results, Mr. Tarun Garg, Managing Director & Chief Executive Officer said, “Q2 FY27 was a milestone quarter for HMIL, marked by record volumes and quarterly revenue exceeding ₹20,000 crore for the first time since our inception. However, elevated commodity costs weighed on the quarter’s profitability.

Looking ahead, we see H2 as a period of accelerated momentum for us. Launch of Bayon marks the onset of our golden product cycle. We are also fully geared up for the launch of dedicated mass market EV in Q4 FY27. While macro-economic uncertainties and cost pressures persist, we remain focused on strengthening our leadership across key segments, delivering sustainable growth and profitability.”


Log on to hyundai.co.in for further information.

Media contact: Hyundai Motor India Limited | corporatecommunication@hmil.net

Loading...