loading
loading
The company had posted net profit of Rs 1572.3 crore in the corresponding period of the last financial year. Revenues for the company rose 19% to Rs 20,696.1 crore in the quarter under review. Earnings before interest, tax, depreciation and amortisation (EBITDA), excluding other income, dropped 19% to Rs 1974.5 crore. EBITDA margins fell to 9.5% last quarter from 13.9% in the year-ago period. The company said commodity headwinds weighed on profitability in the quarter under consideration, however operating leverage, healthy mix and cost reduction initiatives helped improve EBITDA margin sequentially. Tarun Garg, Managing Director & Chief Executive Officer, Hyundai Motor India, said, “Q2 FY27 was a milestone quarter for HMIL, marked by record volumes and quarterly revenue exceeding Rs 20,000 crore for the first time since our inception. However, elevated commodity costs weighed on the quarter’s profitability.” The company reported its highest-ever quarterly total sales of 219,072 units in Q2FY27. Domestic sales went up by 19%, complemented by all-time high rural penetration of 26.6% and a record CNG contribution of 19.1% in any quarter. Exports grew by 4% YoY and sequentially by 38%, despite geo-political challenges. “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”, Garg added. Shares of Hyundai Motor India closed at Rs 1875 apiece, up by 1.13% on BSE. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-10-29 03:04