Record SUV contribution, strong rural traction, and an ambitious product pipeline shape Hyundai’s future strategy.
Hyundai Motor India Ltd. (HMIL) reported a profit after tax (PAT) of ₹5,640 crore for the financial year 2024–25 (FY25), reflecting a 7% decline from ₹6,060 crore in the previous fiscal. Annual revenue stood at ₹69,193 crore, slightly down from ₹69,829 crore in FY24. Despite these modest drops, the company highlighted resilient profitability, record-high SUV sales, and its strategic focus on electric mobility and global exports.
SUVs accounted for 68.5% of domestic sales, the highest ever, with Hyundai seeing consistent demand from both urban and rural markets. The Creta continued its dominance in the midsize SUV segment, holding over 30% market share, and the company formally entered the EV space with the launch of Creta Electric.
For the quarter ending March 31, 2025, Hyundai posted a PAT of ₹1,614 crore, a 4% drop from ₹1,677 crore in Q4 FY24, largely due to softer domestic sales. However, quarterly revenue from operations rose 1.5% year-on-year to ₹17,940 crore, up from ₹17,671 crore.
In FY25, HMIL sold 599,000 units domestically and exported 163,000 units, reinforcing its stronghold in emerging global markets even as domestic momentum eased.
Looking ahead, the company expects domestic growth to align with industry trends of low single-digit expansion in FY26, while targeting a 7–8% increase in exports, driven by its growing global focus.
Hyundai also revealed a bold product roadmap leading up to FY2030, featuring 26 new models: 20 internal combustion engine (ICE) vehicles, 6 electric vehicles (EVs), and planned hybrid powertrains. Capacity will be significantly boosted with the upcoming Pune plant, signaling Hyundai’s next phase of expansion in India.
Unsoo Kim, Managing Director of HMIL, commented:
“The launch of models like Creta Electric and Alcazar facelift, along with consistent product updates, helped us retain our competitive edge. Our strong brand equity in global markets supported export volumes amid domestic headwinds. FY25 reflects our operational resilience, underpinned by strong realizations and disciplined cost management.”
Kim emphasized that Hyundai remains cautiously optimistic on the domestic outlook, citing macroeconomic uncertainties and softer consumer sentiment.
“While domestic growth may remain subdued, we’re targeting a 7–8% growth in exports by leveraging our brand legacy in key markets,” he added.
