Hyundai Motor India, one of the leading passenger vehicles manufacturers in the country, has announced its financial results for FY2025.

The company reported revenue of INR 691 billion for FY2025, which was flat as compared to INR 698 billion last year. The EBITDA came at INR 89.53 billion, down 2 percent as compared to INR 91.32 billion last year. The profit after tax  came at INR 56 billion, down 7 percent YoY.

For Q4 FY2025, the revenue grew by 2 percent at INR 179 billion, as against INR 176 billion last year. The EBITDA was flat at INR 25.32 billion, as compared to INR 25.21 billion for the same period last year, while EBITDA came at 14.1 percent and net profit at INR 16.14 billion, down 4 percent YoY.

The company stated that despite a turbulent market situation, it was able to sustain growth with SUVs now contributing almost 68.5 percent of its total sales across urban and rural markets. The Hyundai Creta continued to hold over 30 percent market share in the mid-size segment.

Unsoo Kim, Managing Director, Hyundai Motor India, said, “FY2025 business performance demonstrates our ability to navigate the tides by responding quickly to the ever-changing customer aspirations. Launch of products like Creta Electric and Alcazar FL along with seamless product refreshments across segments helped us in maintaining our competitive edge. Hyundai’s strong brand presence in key global emerging markets enabled us to endure headwinds and sustain export volumes during the year. The year gone by signifies our resilience in the financial performance by way of sustained revenues and healthy operating margins attributable to improved realisation and cost control measures.”

Amidst macroeconomic headwinds, the automaker stated its domestic strategy centered around premiumisation and the surging popularity of SUVs. The company’s focus on advanced safety and comfort features, like ADAS and sunroofs, is part of its ongoing effort to meet evolving consumer aspirations.

On the exports front, Kim stated that “We aspire to become Hyundai’s largest export hub outside South Korea. For FY2026, we anticipate the growth in export volumes to be around 7 to 8 percent, supported by robust demand for our products in the emerging markets.”

As part of its long-term strategy, Hyundai Motor India is investing in expanding manufacturing capacity and preparing for the future of mobility. “FY2026 will mark a significant milestone in our growth journey, with the commencement of our third plant at Talegaon. Designed with flexibility at its core, the facility will be capable of producing both internal combustion engine (ICE) and electric vehicles, enabling us to respond dynamically to market demand.”

“We also intend to deepen our localized supplier network by adopting an indigenisation strategy at the Pune plant, further reinforcing our ‘Make in India’ vision,” said Kim.

The company has also outlined an aggressive roadmap with 26 product launches planned by FY2030 – including 20 ICE, 6 EVs and new hybrid technologies.

On the other hand, he mentioned a cautious, optimistic outlook for domestic demand in near term amid prevailing macro-turbulences and weakening customer sentiments.

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Vietnamese automaker VinFast Auto India has opened its largest showroom in the country in Chennai, Tamil Nadu. This marks the company’s first dealership in the state and is part of its plan to expand its retail presence across India.

The 4,700 sqft facility, located in Teynampet, is operated by Maansarovar Motors and will display VinFast's upcoming electric SUV models – the VF 6 and VF 7.

Pham Sanh Chau, CEO, VinFast Asia, said “Chennai’s legacy and its thriving ecosystem of innovation, skilled talent and advanced infrastructure make it a natural choice for VinFast’s first-ever dealership in Tamil Nadu, which is also our largest touchpoint across the country. With this dealership, we are proud to deepen our commitment to this dynamic city and bring our premium electric mobility solutions closer to discerning customers in Tamil Nadu. Chennai represents the spirit of progress and through our partnership with Maansarovar Motors, we aim to redefine the EV ownership journey – combining sustainability, technology and world-class service. This marks not just a retail milestone, but a meaningful step toward co-creating a greener, smarter, and future-ready India.”

As part of its expansion plans, the company aims to open 35 dealerships across 27 cities by end-2025. Pre-bookings for the VF 6 and VF 7 began on 15 July with a refundable booking amount of INR 21,000.

VinFast has partnered with RoadGrid, myTVS, and Global Assure to support charging infrastructure and after-sales services. It has also tied up with BatX Energies to promote battery recycling and develop a circular battery value chain.

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Maruti Suzuki India, the leading passenger vehicles manufacturer in the country, has reported its financial results for Q1 FY2026.

The company sold a total of 527,861 vehicles, which comprised 430,889 units in the domestic market and 96,972 units exported. This translated to a sales decline of 4.5 percent in the domestic market, while exports grew by 37.4 percent compared to a year ago.

Maruti Suzuki India’s reported registered net sales of INR 366.2 billion, up 8.11 percent YoY, as compared to INR 338.7 billion last year. The net profit came at INR 371 billion, up 1.7 percent, as compared to INR 364.9 billion last year.

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Hyundai Motor India, one of the leading passenger vehicle manufacturers in the country, has reported its financial performance for Q1 FY2026.

The company’s revenue came at INR 164.129 billion, down 5.36 percent YoY, the EBITDA came at INR 21.85 billion, down 6.62 percent YoY, while net profit at INR 13.69 billion was down 8 percent YoY.

Unsoo Kim, Managing Director said, “We continued our stated strategy of ‘Quality of Growth’ in the first quarter of FY 2026 with balance between domestic & exports, market share and profitability. This strategy helped us to sustain strong EBITDA margin of 13.3 percent during the quarter, despite tough macro-economic environment. Moving forward, we anticipate gradual recovery in domestic demand sentiments, driven by onset of monsoon & festive season coupled with government policy measures, while on the exports front, we are confident to maintain a positive momentum, in line with our growth commitments.”

Hyundai Motor India’s performance was affected by a slowdown in its overall volumes both in domestic and exports markets. Factors such as intensifying competition, geopolitical situation and tariff confusion have affected demand.

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Mumbai-headquartered SUV major Mahindra & Mahindra has reported a 24 percent YoY increase in consolidated net profit to INR 40.83 billion for Q1 FY2026, supported by strong performances across its automotive, farm and services businesses.

The consolidated revenue grew 22 percent to INR 455.29 billion in Q1 FY2026, while return on equity stood at 20.6 percent.

During the quarter, the company increased its revenue market share in the SUV segment to 27.3 percent, its LCV market share (up to 3.5 tonnes) to 54.2 percent, and its tractor segment market share to 45.2 percent.

The standalone automotive business recorded a 31 percent increase in revenue to INR 259.99 billion, with profit before interest and tax (PBIT) up 24 percent to INR 22.21 billion. SUV volumes reached 152,000 units, contributing to total vehicle sales of 247,249 units.

The farm equipment sector saw revenue rise 12 percent to INR 108.92 billion, with PBIT up 21 percent at INR 18.19 billion. Tractor volumes grew 10 percent to 132,964 units and standalone PBIT margins improved by 130 bps to 19.8 percent.

In the services segment, Mahindra Finance’s assets under management rose 15 percent, while Tech Mahindra’s EBIT margin increased by 260 bps to 11.1 percent, with a 34 percent jump in net profit.

Dr. Anish Shah, Group CEO & Managing Director, M&M, said, “Q1 FY2026 has been an excellent quarter, with broad-based growth across all our businesses. The operating excellence in our Auto and Farm businesses is evident in continued market share gains and margin expansion. TechM is witnessing momentum on deal wins, sustaining cost discipline and is moving steadily towards its FY2027 margin objectives. MMFSL’s calibrated approach to growth is manifesting in stable asset quality, with GS3 under 4 percent as committed. Our Growth Gems are progressing well on their value creation journeys.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), M&M, said, “Our Auto and Farm businesses continue to lead with strong momentum in Q1 FY2026, with gain of 570 bps YoY in SUV revenue share, and 340 bps YoY in LCV (<3.5T) market share. In Tractors, we gained 50 bps YoY to reach 45.2 percent market share, the highest ever in a quarter. Our Auto Standalone PBIT margin (excl. eSUV contract mfg.) improved by 50 bps to 10 percent and core Tractor PBIT margins improved by 100 bps to 20.7 percent.”

Amarjyoti Barua, Group Chief Financial Officer, M&M, said, “We are pleased with the performance of the group in the quarter, despite several macro challenges including geo-political disruptions. It demonstrates the resilience of the group. With our continued focus on capital discipline & operational metrics, we remain committed to shareholder value creation.”

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