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Hyundai India keeps the engine running strong in Q3 FY26
GURUGRAM: Hyundai Motor India Limited proved once again that steady hands on the wheel matter. The carmaker clocked a confident performance in the third quarter and nine months of FY26, pairing healthy sales with disciplined cost control and a dash of SUV star power.
For the quarter ended December 2025, Hyundai posted Ebtida of Rs 20,183 million, up 7.6 per cent year on year, while profit after tax rose 6.3 per cent to Rs 12,344 million. Revenue for the quarter came in at Rs 179,735 million, marking an 8.0 per cent rise from last year.
Over the first nine months of FY26, the numbers told a similar story of quiet consistency. Ebitda stood at Rs 66,325 million, up 3.3 per cent year on year, with margins expanding to 12.8 per cent despite costs linked to capacity stabilisation and fluctuating commodity prices. Net profit for the period reached Rs 41,759 million.
On the road, demand was fuelled by festive cheer and the rollout of GST 2.0, pushing wholesale volumes up 5 per cent quarter on quarter, backed by strong retail traction. Hyundai’s SUV crown jewel, the Creta, reclaimed its position as India’s best-selling SUV and crossed the 200,000 units mark in calendar year 2025, its highest-ever annual tally.
The refreshed Venue also struck a chord, racking up nearly 80,000 bookings so far, with first-time buyers accounting for a notable 48 per cent. Adding another gear to its strategy, Hyundai made a strategic entry into commercial mobility with its Prime HB and SD taxi offerings.
Exports remained a bright spot, accelerating 21 per cent year on year in Q3 FY26 and accounting for a quarter of Hyundai India’s overall sales mix.
Commenting on the results, managing director and chief executive officer Tarun Garg said the quarter reflected the company’s focus on “quality of growth”, with gains in volumes, revenue and profitability. He added that improved sales mix and prudent cost management helped lift margins on a year-to-date basis, and that strong sales in January 2026 have set a positive tone for the year ahead.
In short, Hyundai’s FY26 journey so far has been less about flashy acceleration and more about smooth, reliable cruising, a strategy that seems to be paying off just fine.
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Emami names Dhruv Aggarwal as chief growth officer
Former Bain partner steps in as FMCG firm sharpens growth playbook
MUMBAI: Emami Limited has appointed Dhruv Aggarwal as its chief growth officer, effective 25 March 2026, following the resignation of Giriraj Bagri.
Aggarwal joins the FMCG major from Bain & Company, where he most recently served as partner. With over two decades of experience across consulting and strategy, he brings a global perspective shaped by work across India, the US, the UK and Germany.
During his tenure at Bain, Aggarwal advised consumer, retail and media companies on large-scale transformations, business turnarounds and growth strategies. He was also closely involved with India’s startup ecosystem, guiding early-stage ventures on scaling and digital expansion, while supporting private equity and venture capital firms on investment decisions.
His earlier stints include a brief role at Barclays Capital and operational experience at Jindal Power, giving him a mix of financial and industry exposure.
Academically, Aggarwal holds an MBA from Indian Institute of Management Bangalore and has also been associated with University of Illinois Urbana-Champaign as a PhD candidate and teaching assistant.
The appointment comes at a time when Emami Limited is looking to sharpen its growth strategy in a competitive consumer market. With a seasoned strategist now at the helm of growth, the company appears set to double down on transformation and expansion in the months ahead.
