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Commenting on June 2026 sales results and in continuation of previous disclosures made to Stock Exchanges on June 01, 2026 and June 10, 2026, Mr. Tarun Garg, MD & CEO – Hyundai Motor India Limited, said, “In June 2026, HMIL achieved total monthly sales of 51,335 units (Domestic: 39,635 units and Exports: 11,700 units) despite facing a production loss of 13,900 units owing to a fire incident at one of the supplier's manufacturing facilities which led to a temporary disruption in production. HMIL has taken all necessary steps to ensure production normalcy including arranging automotive parts from alternate source locations. Our production operations have returned to normal across facilities since June 22, 2026. We expect to recover the loss in June production volume within Q2 of FY26 27.
While domestic sales increased by 9.07% to 47,837 units, exports declined by 10.38% to 13,300 units in May 2026 over May 2025.
Tarun Garg, MD & CEO, HMIL, said: 'In the first two months (April and May) of FY27, HMIL witnessed domestic sales rise by 13% to 99,739 units, compared to 88,235 units in the same period of FY26.'
Hyundai Motor India manufactures and sells passenger cars, along with vehicle parts and accessories.
The company had reported a 6.34% rise in consolidated net profit to Rs 1,234.40 crore on a 7.96% increase in total revenue from operations to Rs 17,973.49 crore in Q3 FY26 as compared with Q3 FY25.
The scrip shed 0.53% to currently trade at Rs 1918.35 on the BSE.
Hyundai Motor India announced that a fire incident occurred at one of the manufacturing facilities of the company's supplier i.e. Mobis India (Mobis) at Irrungattukottai, Kancheepuram District of Tamil Nadu in the late afternoon of 31 May 2026. No fatality has been reported.
The above facility of Mobis supplies audio components and few other automotive parts to the company.
The company and Mobis teams are working closely to assess the situation and extent of damage to Mobis facility. This incident will result in temporary disruption to company's production. However, alternative sourcing and supply continuity measures are being actively explored to minimize the operational impact. There is sufficient vehicle inventory in our dealer network to take care of the customer demand.
The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, amongst other reasons.
For the full year,net profit declined 3.70% to Rs 5431.52 crore in the year ended March 2026 as against Rs 5640.21 crore during the previous year ended March 2025. Sales rose 2.13% to Rs 69391.16 crore in the year ended March 2026 as against Rs 67942.38 crore during the previous year ended March 2025.
Hyundai Motor Company (Hyundai Motor) and TVS Motor Company (TVS Motor) have signed a Joint Development Agreement (JDA) to advance the development and commercialization of innovative Electric Three-Wheeler (E3W) solutions designed specifically to address India's last-mile mobility needs.
The partnership formalized following the successful presentation of the E3W concept at the Bharat Mobility Global Expo 2025, represents a significant step towards bringing tailored mobility solutions to Indian consumers and reinforces both companies' commitment to sustainable urban transportation.
Under the agreement, Hyundai Motor will lead the design of and co-develop the E3W by leveraging its research and development expertise, advanced mobility technologies and human-centric design approach.
The price revision is attributed to a combination of various cost escalations. The quantum of increase will vary basis the variants and models.
“The company’s endeavor is always to absorb rising costs to safeguard our customer from price fluctuations. However, the escalating input costs, have necessitated to pass on a part of this impact through a marginal price revision,” Hyundai Motor India said in a statement.