Hyundai India holds FY27 outlook despite Q1 profit decline
Hyundai Motor India retained its FY27 growth and 11–14% EBITDA-margin guidance after Q1 revenue fell 0.5% and net profit dropped 35% to ₹889 crore. The carmaker is banking on festive-season launches, including a mid-sized SUV and a Venue-segment EV, while expanding its CNG range.
Hyundai Motor India retained its FY27 growth and 11-14% margin outlook despite weaker Q1 revenue and profit. It will launch a mid-sized SUV during the festive season and a Venue-segment EV later this fiscal, while expanding its CNG range.
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- Mint — Same time