Hyundai Motor India on October 30 reported 14% rise in consolidated net profit at Rs 1,572 crore for the quarter ended September 30, 2025 as strong overseas demand for its vehicles helped overcome a decline in domestic car sales.

The carmaker's Q2 consolidated revenue rose 1% to Rs 17,461 crore.

At 2:45 pm on October 30, Hyundai Motor India shares were trading 1.6% higher at Rs 2,395 apiece.

Hyundai continued to face pressure from slowing domestic demand in India, mirroring a broader industry trend that has seen carmakers post single-digit profit growth over the past five quarters.

However, a GST cut, which was effective September-end, is expected to revive demand across board.

Unsoo Kim, Managing Director said, “We delivered a strong financial performance for the quarter across key metrics with evident growth in revenue and profitability. The strong EBITDA margins at nearly 14% is a further testament of our “Quality of Growth” strategy, complemented by robust exports and consistent cost optimisation efforts. The transformative GST reforms have acted as a catalyst and looking ahead, we aim to keep pace with the industry’s growth momentum for the residual part of the year, while our strong export performance is set to surpass targets for FY26.”

During the quarter, Hyundai's overall sales volumes dipped slightly, with domestic sales falling nearly 7%. The company's Q2 EBITDA margin was at 13.9% (up 113 bps YoY), "driven by favourable product and export mix and cost optimisation efforts".

Exports remained a bright spot. The carmaker, India's second-largest car exporter, reported a 21.5% rise in overseas shipments.

SUVs, which typically carry higher margins, accounted for 71% of Hyundai's total sales volumes in the quarter, up from 69% a year earlier.

The company, India's third-largest automaker, plans to make the country its global export hub, targeting 30% of local production for overseas markets by 2030.

It has been struggling to defend its market share amid intensifying competition and shifting consumer preferences.

Earlier this month, it announced a $5 billion investment plan over five years, aimed at expanding its India portfolio with hybrid models, electric vehicles, and the launch of its luxury brand Genesis.