Hyundai Motor India's March sales rise over 2%, SUVs dominate portfolio

Hyundai Motor India shares have fallen 6 percent in the last one year.

Hyundai Motor India Ltd (HMIL) reported total sales of 67,320 units in March 2025, marking a 2.6 percent increase from the same month last year. Domestic sales stood at 51,820 units, while 15,500 units were exported.

For FY25, Hyundai’s total sales reached 7,62,052 units, with 5,98,666 units sold in the domestic market and 1,63,386 units shipped overseas. The company remained the second-largest passenger vehicle maker in India and continued as Hyundai Motor Company’s key export hub.

SUVs accounted for 68.5 percent of Hyundai’s domestic sales in FY25. The CRETA remained a strong performer, with 52,898 units sold in Q4 FY25. The company also surpassed 2.5 million SUV sales and 1.5 million CRETA sales (domestic + exports) since launch.

"Solidifying our position further in India, Hyundai Motor India continued its rein as the second largest passenger vehicle OEM in FY 24-25, thanks to the unparalleled trust of our customers in the brand Hyundai," Tarun Garg, Chief Operating Officer said in a press release. "Our SUV line-up grew stronger this financial year with the launch of the Hyundai CRETA Electric - our first indigenous EV and also the Hyundai Alcazar. India’s favourite SUV, the new Hyundai CRETA continues to build on its popularity," he added.

The company reported a 3 percent year-on-year decline in total sales, with 58,727 units dispatched in February 2025, compared to 60,501 units in the same month last year. Domestic sales dropped 5 percent to 47,727 units, down from 50,201 units in February 2024. However, exports rose to 11,000 units, up from 10,300 units a year ago.

Meanwhile, the company posted a 19 percent decline in consolidated net profit for the October-December 2024 quarter, with earnings dropping to Rs 1,161 crore from Rs 1,425 crore in the same period last year. Total income fell to Rs 16,892 crore, compared to Rs 17,244 crore in Q3 FY24, while revenue from operations slipped 1.34 percent to Rs 16,648 crore. Hyundai attributed the decline in margins to subdued demand and geopolitical factors.

Shares of the company closed at Rs 1,703, lower by 0.3 percent from the last close on the NSE. Hyundai Motor India shares have fallen 6 percent in the last one year.