business / news / / Business Standard
consolidated net profit of Hyundai Motor India (HMIL) dropped by 22.2 per cent year-on-year (YoY) to Rs 1,255.
Hyundai Motor India's Q4FY26 profit fell 22.2% due to higher commodity costs and lower SUV sales.
KEY POINTS
- The company plans to launch two new SUVs in FY27, including a localised electric compact SUV.
- Hyundai has allocated Rs 7,500 crore capex for FY27, its highest annual investment recently.
- Pune plant capacity will expand by 70,000 units post-2028, taking total India capacity above 1.1 million units by 2030.
- Hyundai expects 8-10% growth in both domestic volumes and exports in FY27 despite geopolitical uncertainties.
COMPANIES
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