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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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UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
