Hyundai Motor India Ltd. (HMIL) has reported a consolidated profit after tax (PAT) of ₹5,640 crore for the financial year 2024-25 (FY25). While this represents a marginal decline from the ₹6,060 crore profit in the previous fiscal year, the company highlighted its resilient financial performance, driven by robust demand for its SUV range and a strategic focus on electric vehicles (EVs) and expanding global exports. The company’s revenue for FY25 stood at ₹69,193 crore.
HMIL witnessed its highest-ever contribution from SUVs to domestic sales, accounting for 68.5% of the total. The Hyundai Creta continued its dominance in the mid-size SUV segment, holding over 30% market share.
Looking ahead, Hyundai is placing significant emphasis on the electric vehicle segment and boosting its presence in global markets. The company aims to launch six new EVs by FY30, alongside 20 internal combustion engine (ICE) models and the introduction of hybrid powertrains. This aggressive product strategy is supported by a planned capital expenditure of ₹7,000 crore, which includes the establishment of a new plant in Pune expected to commence operations by Q3 FY26.
Despite a slight dip in domestic sales to 599,000 units in FY25 compared to 614,721 units in FY24, Hyundai sustained its export volumes at 163,000 units. The company is aiming for a 7-8% growth in exports in FY26, leveraging its strong brand presence and legacy in key emerging markets. HMIL aims to position India as its largest export hub outside of South Korea, targeting exports to constitute 30% of its total volume by 2030, up from the current 21%.
Commenting on the company’s performance and future outlook, HMIL Managing Director Unsoo Kim stated that the launch of products like the Creta Electric and Alcazar, along with ongoing product refreshments, has helped maintain a competitive edge. He also emphasized the company’s focus on exports to offset domestic market challenges and its commitment to a multi-powertrain strategy, including EVs and hybrids.
Key Highlights:
- Hyundai Motor India reported a profit of ₹5,640 crore in FY25, a slight decrease from the previous year.
- The company will focus on EVs, planning to launch six new models by FY30.
- Hyundai aims for a 7-8% growth in global exports in FY26 and to make India its largest export hub outside South Korea.
- The company will also introduce hybrid powertrains and is investing ₹7,000 crore, including a new plant in Pune.