Hyundai Motor India on July 30, 2026, posted a 35% drop in its quarterly profit.
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Shares of Hyundai Motor India jumped 7.2 per cent on Friday after analysts said earnings were likely to improve from the current quarter, with volume growth expected to pick up in the second half of the fiscal year.Shares of the Creta SUV maker were trading at ₹2,164.50 as of 09:48 am IST, and were set for their best day since August 2025.Hyundai Motor India on Thursday posted a 35 per cent drop in quarterly profit in a quarter that was hit by a supplier fire that disrupted production at one of the company’s plants, softer exports and higher commodity costs.However, the company retained its full year operating margin outlook of 11 per cent-14 per cent and volume growth forecast of 8 per cent-10 per cent.Analysts and investors focussed on that, with many saying that the automaker’s new product pipeline, export recovery and capacity expansion were expected to support a growth from the second half of the year onwards.The “sun” should rise after the festive season in India, analysts at CLSA said, maintaining its “outperform” rating and raising its target price to ₹2,300.Meanwhile, rival Mahindra & Mahindra posted a strong June-quarter performance on robust demand for its high-margin sport utility vehicles, despite margin pressure from higher steel and rubber costs.Analysts said strong execution, market-share gains, capacity expansion plans and a resilient tractor outlook offset concerns over commodity inflation.The Thar SUV maker’s shares rose 2.6 per cent, helping lift the Nifty Auto index by 1.2 per cent.Published on July 31, 2026
