Hyundai India plans ₹7,500-cr capex for FY27 as Q4 net falls

New Delhi: plans to spend ₹7,500 crore in and introduce two completely this fiscal year as it seeks to capture growing demand following tax cuts.

The company said on Friday it will roll out a new , and a localised this year. Hyundai expects its domestic sales and exports to grow by 8-10% in FY27.

The local unit of Korea’s Hyundai Motor Company also announced an expansion of its Pune facility by 70,000 units under Phase II, boosting total manufacturing capacity in India to 1.14 million units a year by 2030.

Hyundai Motor India reported a 23% year-on-year drop in standalone net profit for the fiscal fourth quarter at ₹1,221 crore. The automaker had posted a year-earlier net profit of ₹1,582 crore.

Revenue from operations rose 5% in the March quarter to ₹18,452 crore from ₹17,562 crore a year earlier.

Earnings before interest, tax, depreciation and amortisation (Ebitda) fell 22% to ₹1,966 crore, from ₹2,533 crore a year earlier, and 3% from ₹2,018 crore in the December quarter. Consequently, contracted sharply to 10.4% Q4 FY26, from 14.1% a year earlier, and 11.2% in Q3. For the financial year ended March 31, the maker of Creta and Tucson SUVs posted a 4% drop in net profit at ₹5,431 crore, compared to ₹5,640 crore in FY25.

Revenue grew 2% to ₹70,763 crore while Ebitda declined 4% to ₹8,598 crore, and Ebitda margin softened to 12.2% from 12.9%.

The automaker recorded its highest-ever quarterly domestic sales in Q4, helped by the tailwinds of cuts in goods and services tax (GST) in September last year and product interventions, with wholesale volumes rising 8.7%. Exports also remained strong, growing 9% in Q4, while full-year export volumes grew 16.4%.

The company also reported record rural penetration of 25% during the quarter, while CNG contribution touched an all-time high of 18%.