“Looking ahead to FY27, we have started the year on a strong footing with April domestic volumes growing 17 per cent year-on-year. We expect this positive momentum to continue,” he said in a statement.
“Our enhanced plant capacity and flexible operations position us to swiftly respond to any further growth opportunities, should they arise during the year. For exports, we remain watchful of geopolitical uncertainties. However, we are confident of registering 8-10 per cent volume growth, reinforcing our position as the hub for emerging markets,” Garg said.
He also announced the expansion of the company’s Pune facility by another 70,000 units post Phase-II expansion, taking the overall capacity to 1.14 million units by 2030.
“FY26 was a year where we demonstrated our ability to effectively navigate a challenging environment while capitalising on emerging opportunities, supported by GST 2.0 reforms, strategic product intervention and strong export volumes,” Garg said.
The car maker’s fourth quarter net profit declined 22.2 per cent to Rs 1,255.6 crore from Rs 1,614.3 crore in the same period last year.
Revenue increased 5.4 per cent to Rs 18,916.2 crore from Rs 17,940.3 crore.
EBITDA margins declined to 10.4 per cent in the fourth quarter from 14.1 per cent in the comparable period.
“Commodity headwinds, capacity stabilisation costs and mix dragged margins. Calibrated pricing strategy and government incentives helped soften impact of cost headwinds,” Hyundai said.
Exports grew at 9.4 per cent year-on-year in Q4 FY26 despite geopolitical headwinds, it said. In FY 2026, exports grew 16.4 per cent.
Hyundai said that it had seen the highest-ever quarterly CNG contribution of 18 per cent in Q4 FY26, driven by rising adoption and entry into commercial mobility segment.
Hyundai declared a dividend of Rs 21 per share.
The company said it achieved highest-ever quarterly domestic sales in Q4 FY26 led by GST 2.0 tailwinds and agile product interventions, Wholesale volume increased 8.7 per cent year-on-year.
