# Hyundai Motor India Q1 net profit falls 35%, recovery seen from Q2

2026-08-08T05:54:08+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Hyundai Motor India Ltd's consolidated net profit plunged 35% year-on-year to Rs 888.6 crore in the first quarter of FY27, the company reported. Revenue slipped marginally to Rs 16,335 crore from Rs 16,413 crore a year ago. Temporary production disruptions limited domestic volume growth to 5.4% YoY. Exports fell 19.6% to 38,708 units, hurt by the West Asia conflict and a fire at supplier Mobis. MD Tarun Garg said recovery should begin in Q2 as production normalises and new models like the Venue and left-hand-drive Exter enter more markets. The company reaffirmed its full-year guidance of 8-10% volume growth and 11-14% EBITDA margin.

## Coverage

- thehindu.com <https://www.thehindu.com/business/Industry/hyundai-motor-q1-net-dips-35-on-production-constraints-and-west-asia-conflict/article71285541.ece>
- auto.economictimes.indiatimes.com <https://auto.economictimes.indiatimes.com/news/passenger-vehicle/hyundai-motor-india-expects-strong-export-recovery-from-q2-fy27/133062580>

Tags: auto industry, Hyundai Motor India, production disruption, profit decline, Q1 results, West Asia conflict
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