Revenue up 35.9%, domestic volumes up 34%, SUVs up 35% — but commodity inflation and a settlement cycle change crushed EBITDA by 18.7% versus estimates Maruti Suzuki’s Q1FY27 was a tale of two numbers. The volume and revenue story was genuinely impressive — 29.3% overall volume growth, domestic up 34%, SUVs up 35%, revenue beating … Read more
Revenue up 31.5%, EBITDA margins holding at 24% despite commodity inflation, a new greenfield plant approved, the Flying Flea EV launched There are quarters that beat estimates. And then there are quarters that beat estimates by 9.2% on revenue and 7.2% on EBITDA simultaneously — against a backdrop of commodity inflation — while also posting … Read more
Volumes recovering, two new SUV launches planned, Pune capacity ramping — the short-term margin pain is real, but the medium-term growth story remains intact Not every strong business has strong quarters. Hyundai Motor India’s fourth quarter of FY26 was one of those moments where the headline numbers — a 372 basis point margin contraction, PAT … Read more