A tighter control over costs and higher export volumes have allowed Hyundai Motor India ( HMIL ) to report a 14% year-on-year growth in net profit in the second quarter of FY26, though revenue growth was subdued at just 1%. The maker of Creta and Venue models posted Rs 1,572 crore in consolidated net profit, beating the Bloomberg estimate of Rs 1,507 crore. Its consolidated revenue at Rs 17,155 crore was below the estimate of Rs 17,638 crore.

Hyundai’s Ebitda (earning before interest, tax, depreciation and amortisation) margin rose by 110 basis points to 13.9% as against 12.8% in the same quarter last year. The company’s stock traded flat on the BSE at the time of announcement of results but ended the day with a gain of 2.4%, though the Sensex dipped by 0.7%.

Hariharan KS, head of in

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