Hyundai Motor India Limited (HMIL) reported a mixed sales performance for June 2025 and the first quarter of fiscal year 2026 (Q1 FY2026), demonstrating a significant surge in exports despite an overall decline in total sales and domestic dispatches. In June, HMIL's total sales reached 60,924 units, marking a 6% year-on-year decrease. This figure comprised 44,024 domestic sales, which saw a 12% decline compared to 50,103 units in June 2024, and 16,900 exports, representing a 13% increase from 14,700 units in the same period last year.

For Q1 FY2026 (April-June), HMIL's total sales amounted to 180,399 units. This quarterly performance included 132,259 units sold domestically and a robust 48,140 units exported. The company highlighted a notable 13% year-on-year growth in export volumes for Q1 FY2026, up from 42,600 units in Q1 FY2025. This strong export focus has elevated the share of exports to 26.7% of total sales in Q1 FY2026, a substantial increase from 22.2% in Q1 FY2025, underscoring the global appeal of Hyundai vehicles.

Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, attributed the domestic sales challenges to the prevailing geopolitical situation affecting market sentiment. Despite these headwinds, Garg expressed cautious optimism regarding a gradual demand recovery in the domestic market. This optimism is supported by anticipated factors such as reductions in repo rates, improving liquidity due to cuts in the Cash Reserve Ratio (CRR), and the impending commencement of production at the Talegaon plant.

HMIL remains committed to delivering value and innovation to its customers across both domestic and export markets, while closely monitoring the global geopolitical scenario. In related financial news, the company had previously reported a 3.7% year-on-year decline in consolidated net profit to Rs 1,614 crore in Q4 FY2025, with revenue from operations seeing a marginal increase of 1.5% to Rs 17,940 crore in the same quarter.