Hyundai Motor India Reports INR 123 Billion Profit In Q3 FY2026
- By MT Bureau
- February 02, 2026
Hyundai Motor India (HMIL) has released its unaudited financial results for Q3 FY2026 and nine months ending 31 December 2025.
The company reported a Profit After Tax (PAT) of INR 123.44 billion for Q3, representing a 6.3 percent increase YoY. Revenue for the quarter reached INR 1,797.35 billion, up 8 percent compared to the same period last year. EBITDA stood at INR 2,018.3 billion, a 7.6 percent rise, supported by festive demand and the implementation of GST 2.0.
The company stated that the domestic demand was supported by wholesale volumes increasing 5 percent QoQ. The Hyundai Creta recorded sales of over 200,000 units in the 2025 calendar year, while the new Venue model has received nearly 80,000 bookings to date.
Hyundai Motor India also entered the commercial mobility segment with the Prime HB and SD taxi models. Exports grew by 21 percent YoY in Q3 FY26, accounting for 25 percent of the total sales mix.
For the nine-month period, EBITDA reached INR 6,632.5 billion, a 3.3 percent increase. EBITDA margins expanded to 12.8 percent, up from 12.5 percent in the previous year, despite costs related to capacity stabilisation and commodity prices.
Tarun Garg, Managing Director & Chief Executive Officer, said, “The third quarter performance underscores our resilience and strong execution of 'Quality of Growth' strategy, marked by healthy growth in volumes, revenue and profitability. Notably on a year-to-date basis, EBITDA margins expanded to 12.8 percent as against 12.5 percent last year, supported by our efforts towards improving sales mix and prudent cost control measures. As we move ahead, the robust January’26 sales number gives us great momentum towards a healthy 2026.”
|
Particulars |
Q3 FY26 |
Q2 FY26 |
Q3 FY25 |
9M FY26 |
9M FY25 |
|
Revenue |
179,735 |
174,608 |
166,480 |
518,472 |
512,526 |
|
EBITDA |
20,183 |
24,289 |
18,755 |
66,325 |
64,211 |
|
EBITDA % |
11.2% |
13.9% |
11.3% |
12.8% |
12.5% |
|
PAT |
12,344 |
15,723 |
11,607 |
41,759 |
40,259 |
Kia Seltos Achieves Five-Star Bharat NCAP Safety Rating
- By MT Bureau
- March 30, 2026
Kia India, one of the leading passenger vehicle manufacturers, has announced that its new Seltos SUV has secured a five-star safety rating under the Bharat New Car Assessment Programme (BNCAP). The vehicle achieved a combined score of 76.70, the highest recorded for an internal combustion engine (ICE) vehicle tested by the agency to date.
The assessment resulted in a score of 31.70 points for Adult Occupant Protection (AOP) and 45.00 points for Child Occupant Protection (COP). These figures represent the highest AOP score for an ICE vehicle under the BNCAP protocol.
The SUV is built on the K3 platform, which utilises reinforced hot-stamped components and high-strength steel. This architecture is engineered for crash energy management by absorbing and distributing impact forces during a collision.
The Seltos incorporates a range of active and passive safety technologies. Its Standard Safety Pack includes six airbags, Electronic Stability Control (ESC) and Hill-start Assist Control (HAC) as standard across all variants.
It gets ADAS Level 2, which includes a suite of 21 autonomous features, including Forward Collision-Avoidance Assist and Smart Cruise Control with Stop & Go. The Seltos SUV also features a 360-degree surround camera, Blind View Monitor and side parking sensors to improve situational awareness.
The BNCAP certificate was presented to Kia India by Nitin Gadkari, Union Minister of Road Transport and Highways. The Seltos is the second Kia model to achieve this rating, following the Kia Syros.
Gwanggu Lee, MD and CEO, Kia India, said, “Safety is an integral part of Kia’s product philosophy as we continue our journey towards becoming one of the most trusted mobility brands in India. The All-New Kia Seltos achieving a 5-star rating, along with the highest-ever Adult Occupant Protection score across ICE vehicles under BNCAP, across ICE vehicles under BNCAP, with one of the strongest Child Occupant Protection scores recorded to date, has emerged as the highest-scoring ICE vehicle overall under BNCAP. This is a strong validation of our engineering capabilities and intent where every aspect of the vehicle, from its structure to its advanced safety technologies, has been developed with occupant protection at its core, making it a strong choice as a family SUV. This milestone sets a new benchmark for safety and reflects our commitment to bringing globally benchmarked safety standards to customers in India.”
- Hyundai Motor India
- Hyundai Venue
- Hyundai Venue N Line
- Bharat New Car Assessment Programme
- BNCAP
- Nitin Gadkari
- Union Minister of Road Transport and Highways
- Tarun Garg
Hyundai Venue And Venue N Line Achieve 5-Star Bharat NCAP Safety Rating
- By MT Bureau
- March 30, 2026
Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has announced that its new Venue and Venue N Line SUVs have received a 5-star safety rating from the Bharat New Car Assessment Programme (BNCAP). The rating applies to both adult and child occupant protection, with the vehicles scoring 31.147 in Adult Occupant Protection (AOP).
The Venue is built on the Global K1 enhanced platform. Its body structure utilises 71 percent high-strength steel, including ultra-high-strength and hot-stamped steel, to improve crash protection.
As standard, it gets 33 safety features across all variants, including six airbags, three-point seatbelts for all seats and Electronic Stability Control (ESC). The SUV is equipped with four-disc brakes, Hill-start Assist Control (HAC) and an electric parking brake with auto hold. It also gets a Surround View Monitor (SVM), a Blind View Monitor (BVM) and a Highline Tyre Pressure Monitoring System (TPMS).
The models feature Hyundai SmartSense Level 2 ADAS, providing a suite of 21 intelligent features. This technology uses sensors and cameras to assist with collision avoidance, lane maintenance, and driver awareness.
The BNCAP certificate was presented by Nitin Gadkari, Union Minister of Road Transport and Highways, to Tarun Garg, Managing Director & CEO of Hyundai Motor India. Since its launch, the new Venue has recorded over 100,000 bookings in the Indian market.
Nitin Gadkari, said, “Congratulations to Hyundai Motor India Limited on achieving 5‑Star Bharat NCAP safety rating for both adult and child occupant for their recently launched Hyundai Venue and Venue N Line. This achievement reflects Hyundai’s strong commitment to enhancing vehicle safety in line with Indian road conditions and evolving customer expectations, while making advanced safety technologies more accessible to a broader segment of the market.”
Tarun Garg, stated, “We are extremely proud that the all-new Hyundai Venue and Venue N Line have secured 5‑Star safety rating under Bharat NCAP testing, reaffirming our unwavering commitment to offer world‑class products to our customers. This achievement further strengthens our commitment to making advanced safety technologies accessible to a wider set of customers in India.”
- Stellantis
- Europe Supplier Advisory Council
- ANFIA
- FIEV
- Emanuele Cappellano
- Stephane Dubs
- Jean-Louis Pech
- Marco Stella
Stellantis Launches Europe Supplier Advisory Council To Address Industry Challenges
- By MT Bureau
- March 29, 2026
Automotive major Stellantis has announced the formation of the Europe Supplier Advisory Council, a forum intended to increase collaboration between the carmaker and its supply chain. The council brings together senior Stellantis leadership and 26 supplier partners representing various automotive technologies and commodities.
The council will convene for three sessions during 2026, with each meeting lasting 1.5 days. The initiative includes participation from major European supplier associations, ANFIA and FIEV, to provide a collective voice for the regional supply base.
The Council's primary functions include:
- Operational Efficiency: Identifying bottlenecks and improvement opportunities across the value chain.
- Strategic Workstreams: Establishing joint Stellantis-supplier groups focused on production planning, cost competitiveness and operational excellence.
- Innovation Readiness: Accelerating the deployment of new technologies and ensuring launch readiness for future vehicle programmes.
- Regulatory Alignment: Addressing European Union regulatory requirements and geopolitical instability.
The council is designed to modernise supplier partnerships amid technological shifts and market volatility. By co-leading workstreams, Stellantis and its partners aim to align performance expectations and enhance the resilience of the European manufacturing and R&D platforms.
Emanuele Cappellano, COO, Stellantis Europe, said, “The launch of the Europe Supplier Advisory Council represents an important milestone in our journey to strengthen the region’s industrial performance. Today, more than ever, our success depends on deep collaboration with our supplier partners. By creating a shared forum where we openly discuss challenges and opportunities, we are building the foundation for faster execution, stronger competitiveness, and sustainable growth across Europe.”
Stephane Dubs, SVP of Purchasing and Supplier Quality for Stellantis Europe, added, “Our suppliers are essential contributors to Stellantis’ transformation. This new Council allows us to work side-by-side, with transparency and respect, to co-create solutions that benefit both sides. Together, we will address the critical issues shaping our industry—whether in quality, launch readiness, cost competitiveness, innovation, or supply chain resilience—and turn them into strategic advantages for our entire ecosystem.”
Jean-Louis Pech, President, FIEV, commented, “FIEV welcomes the opportunity to join Stellantis Supplier Advisory Council, which represents a valuable opportunity to strengthen our relationship and enrich the dialogue with suppliers. This participation will enable us to represent, with ANFIA, the collective voice of suppliers and actively contribute to the Council’s work.”
Marco Stella, President, ANFIA Components Group and Vice-President of ANFIA, stated, “Now more than ever, it is essential to invest in a fruitful partnership between Stellantis and the supply chain ecosystem, caught between European market weakness, geopolitical instability and fierceful competition, also to face united and together EU regulatory challenges and support EU manufacturing and R&D platforms.”
Spinny Reports Threefold Increase In Car Deliveries During Gudi Padwa
- By MT Bureau
- March 27, 2026
Spinny, an Indian full-stack used car platform, has announced that it recorded a threefold increase in vehicle deliveries on Gudi Padwa compared to standard operating days. The surge indicates a trend of consumers aligning automotive purchases with festive milestones.
The festive period saw a 50 percent increase in footfall across Spinny Car Hubs in the days leading up to the holiday. Its data suggests that 86 percent of customers experienced a standard delivery process despite the heightened activity.
Regional demand was concentrated in western and southern India:
- Maharashtra: Pune and Mumbai recorded over six times their average daily delivery volumes, with each city serving more than 100 customers in a single day.
- Geographic Contribution: Maharashtra, Andhra Pradesh, Telangana and Karnataka collectively accounted for 70 percent of total deliveries on the day.
In terms of demand trends, Hyundai Motor India and Maruti Suzuki India were the most preferred auto brands, while Hyundai Grand i10 was the most purchased vehicle. White remained the most popular exterior colour across all markets. It saw 53 percent of buyers utilised credit solutions to fund their purchases, reflecting a shift towards structured ownership.
Hanish Yadav, Senior Vice-President, Spinny, said, “Gudi Padwa holds deep cultural significance as a time of renewal and new beginnings. We are witnessing more customers align their car-buying journeys with such meaningful occasions. The strong surge in deliveries and increased engagement across our hubs reflects both evolving consumer intent and the trust placed in Spinny. Our focus remains on ensuring a transparent, reliable, and high-quality experience - regardless of demand cycles.”

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