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Hyundai's India revival rides on three factors

Mint Mumbai

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February 03, 2026

Rural rebound, rising exports and sales of high-margin SUVs drive growth

- Ayaan Kartik

Hyundai's India revival rides on three factors

Hyundai India saw four straight year-on-year quarterly losses between Q2 FY25 and Q1 FY26, before entering the profit path in the September quarter.

(REUTERS)

Hyundai Motor India Ltd is looking forward to a steady growth path, as profits rose for the second straight quarter on the back of higher rural sales, growing exports and rising sales of high-margin sports utility vehicles (SUV).

The company expects the growth momentum to continue in the March quarter, with its upgraded Venue SUV already securing more than 80,000 bookings.

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