Hyundai India's quarterly profit misses view on higher costs

Hyundai Motor India

02/02/2026 09:18

Feb 2 (Reuters) - Hyundai Motor India HYUN.NS reported a smaller-than-expected quarterly profit on Monday, weighed down by weak domestic sales and a spike in raw material costs.

The company, a unit of South Korea's Hyundai Motor 005380.KS, reported a 6.4% profit rise to 12.34 billion rupees ($134.8 million) for the October-December quarter, falling short of analysts' estimate of 13.93 billion rupees, according to data compiled by LSEG.

($1 = 91.5775 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru; Editing by Harikrishnan Nair)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))