Hyundai Motor India (HMIL) is in focus following the release of its second-quarter results for the fiscal year 2026, which revealed a 14.3% year-on-year increase in profit after tax (PAT) to ₹15,723 million. While the company demonstrated strong profitability, revenue growth remained relatively flat, increasing by 1.2% to ₹174,608 million.

The robust growth in PAT was attributed to strong export momentum and record sales of Sports Utility Vehicles (SUVs). Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw a significant jump, rising 10.1% year-on-year to ₹24,289 million. This led to an improvement in EBITDA margin by 113 basis points, reaching 13.9%, which the company says was aided by a favorable product mix and efficient cost optimization strategies.

Domestic sales volumes experienced a 5.5% sequential increase, which HMIL says was supported by the implementation of GST 2.0 reforms and increased demand due to the festive season. SUVs were particularly successful, accounting for a record 71.1% of domestic sales. Additionally, the company's reach in rural markets has expanded, now contributing an all-time high of 23.6% to overall sales. Exports also played a crucial role, surging 21.5% year-on-year and representing 27% of the total sales volume.

In the first half of FY26, HMIL's consolidated revenue reached ₹338,737 million, with a PAT of ₹29,415 million. The EBITDA margin for this period improved to 13.6% compared to 13.1% in the corresponding period of the previous year.

Unsoo Kim, Managing Director of Hyundai Motor India, commented on the results, stating that the company delivered a strong financial performance across key metrics with evident growth in revenue and profitability. Kim also highlighted that the strong EBITDA margins are a testament to their "Quality of Growth" strategy, complemented by robust exports and consistent cost optimization efforts. He further acknowledged the transformative impact of GST reforms and expressed the company's aim to maintain pace with the industry's growth momentum while exceeding export targets for FY26.

Following the release of these results, Hyundai Motor India's stock experienced a positive movement, rising 2.07% to ₹2405.60. The company's resilient performance in the September 2025 quarter, driven by SUV sales, exports, and enhanced profitability, has garnered positive attention from investors.