Hyundai India Q3 FY26: Creta Powers Profits as EBITDA Crosses ₹20,000 Cr Mark

Gurugram: Hyundai Motor India Limited (HMIL) today announced its unaudited financial results for the third quarter and nine months ended FY2025-26, delivering a steady performance powered by strong SUV demand, festive season tailwinds, and a growing export footprint.

In Q3 FY26, HMIL reported revenue of INR 179,735 million, marking an 8.0% year-on-year growth, while EBITDA stood at INR 20,183 million, up 7.6% YoY. Net Profit for the quarter reached INR 12,344 million, growing 6.3% YoY—proving that even in a competitive market, Hyundai’s balance sheet is still in the fast lane.

For the nine-month period, HMIL posted an EBITDA of INR 66,325 million, reflecting a 3.3% YoY growth, with margins expanding to a healthy 12.8%, despite cost pressures linked to capacity stabilization and fluctuating commodity prices.

Creta Reclaims the Crown, Venue Brings in Fresh Blood

On the product front, Hyundai had plenty to celebrate. The Hyundai Creta reclaimed its throne as India’s No. 1 SUV, crossing 200,000+ units in calendar year 2025—a milestone that confirms the SUV is no longer just a car, but practically a household surname.

Meanwhile, the new Venue continued to strike gold with nearly 80,000 bookings, with an impressive 48% coming from first-time buyers—essentially welcoming a new generation into the Hyundai ecosystem, one EMI at a time.

Exports & Taxis: Hyundai Expands Its Playbook

Hyundai’s export story remained strong, with volumes up 21% YoY in Q3 FY26, now contributing 25% of the overall sales mix—making India not just a big market, but also a global supply hub.

Adding a new chapter, HMIL also made a strategic entry into commercial mobility with its Prime HB and SD taxi offerings, signalling its intent to tap into fleet and shared mobility segments—because even ride-hailing drivers deserve a bit of Korean engineering flair.

Management Speak

Commenting on the performance, Tarun Garg, Managing Director & CEO, said:

“The third quarter performance underscores our resilience and strong execution of our ‘Quality of Growth’ strategy, marked by healthy growth in volumes, revenue and profitability. On a year-to-date basis, EBITDA margins expanded to 12.8% versus 12.5% last year, supported by improved sales mix and prudent cost controls. The robust January 2026 sales numbers give us strong momentum towards a healthy 2026.”

The Road Ahead

With GST 2.0 reforms boosting sentiment, SUVs dominating the wishlists, exports accelerating, and taxis joining the portfolio, Hyundai seems well-positioned for the year ahead. In short, HMIL’s strategy is simple: sell more CRETAs, welcome more Venues, export more cars—and keep the accountants smiling.

Not a bad plan for 2026.

Financial Snapshot (Consolidated):

                     (INR Mn.)

*EBITDA excludes other income.