Interim report
Page 1
Hyundai Motor India Ltd. Regd. Office: Plot No. H-1, SIPCOT Industrial Park, Irrungattukottai, Sriperumbudur Taluk, Kancheepuram District, Tamil Nadu-602117, India. CIN (Corporate Identity Number): L29309TN1996PLC035377, T +91(44) 47100000 Corporate Office: Plot No. C11& C11A, City Centre, Urban Estate Gurgaon II, Sector 29 Gurugram, Haryana – 122001, India T+91(124) 6962000 www.hyundai.com/in/en Date: October 28, 2026 To, National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E), Mumbai – 400 051 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 SYMBOL: HYUNDAI SCRIP CODE: 544274 Dear Sir/Ma’am Sub: Outcome of Board Meeting – October 28, 2026 Ref: Ref: Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2O15 (“SEBI LODR”) Pursuant to Regulation 30 and 33 read with Schedule III of SEBI LODR, we hereby inform you that the Board of Directors of the Company at their meeting held today i.e. on October 28, 2026, has inter-alia approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. In this regard, please find attached the Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026, along with the Limited Review Report thereon. The Board meeting commenced at 12:30 P.M. (IST) and concluded at 02:25 P.M. (IST). This intimation is also being uploaded on the website of the Company’s website at www.hyundai.com/in/en. Please take the same on record. Thanking you, For Hyundai Motor India Limited Pradeep Chugh Company Secretary & Compliance Officer Encl: As above
Page 2
B S R & Co. LLP Chartered Accountants KRM Tower, 1st and 2nd Floors No. 1, Harrington Road, Chetpet Chennai – 600 031, India Telephone: +91 44 4608 3100 Fax: +91 44 4608 3199 Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 1 Limited Review Report on unaudited standalone financial results of Hyundai Motor India Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Hyundai Motor India Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Hyundai Motor India Limited (hereinafter referred to as “the Company”) for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”). 2. This Statement, which is the responsibility of the Company’s management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B S R & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 Harsh Vardhan Lakhotia Partner Gurugram Membership No.: 222432 28 October 2026 UDIN:26222432JEPDRF2752
Page 3
(₹ in Millions) For the Year Ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I. Revenue from operations (a) Revenue 198,571.42 156,272.55 167,560.35 354,843.97 325,476.70 676,183.66 (b) Other operating revenue 3,338.74 2,381.32 3,049.91 5,720.06 5,382.50 13,721.72 Total revenue from operations (a+b) 201,910.16 158,653.87 170,610.26 360,564.03 330,859.20 689,905.38 II. Other income 2,476.18 3,074.63 2,546.49 5,550.81 4,630.94 9,503.00 III. Total income (I+II) 204,386.34 161,728.50 173,156.75 366,114.84 335,490.14 699,408.38 IV. Expenses (a) Cost of materials consumed 157,309.09 118,947.62 121,831.66 276,256.71 240,173.82 501,813.61 (b) Purchases of stock-in-trade 759.99 759.64 901.40 1,519.63 1,934.63 3,957.98 (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (5,263.59) (951.41) (197.66) (6,215.00) (3,490.93) (566.46) (d) Employee benefits expense 6,433.28 6,420.36 5,304.33 12,853.64 10,746.68 23,651.41 (e) Finance costs 248.55 269.16 166.08 517.71 412.74 1,057.00 (f) Depreciation and amortisation expense 5,410.92 5,449.92 5,084.77 10,860.84 10,272.34 21,544.92 (g) Other expenses 23,676.04 19,163.09 18,990.85 42,839.13 36,432.83 77,523.87 (h) Cost of materials consumed for own use (121.57) (156.65) (50.22) (278.22) (116.22) (397.60) Total Expenses 188,452.71 149,901.73 152,031.21 338,354.44 296,365.89 628,584.73 V. Profit before tax for the period / year (III - IV) 15,933.63 11,826.77 21,125.54 27,760.40 39,124.25 70,823.65 VI. Tax expense (a) Current tax 3,866.67 2,977.81 5,826.43 6,844.48 10,766.46 17,053.40 (b) Deferred tax (net) 181.32 17.76 (403.37) 199.08 (702.22) 545.72 Total tax expense (a+b) 4,047.99 2,995.57 5,423.06 7,043.56 10,064.24 17,599.12 VII. Profit after tax for the period / year (V - VI) 11,885.64 8,831.20 15,702.48 20,716.84 29,060.01 53,224.53 VIII. Other Comprehensive Income ("OCI") Items that will not be reclassified to profit or loss Remeasurements of net defined benefit liability / (asset) 148.39 (399.70) 430.25 (251.31) 338.16 (170.39) Income tax relating to items that will not be reclassified to profit or loss (37.35) 100.60 (108.29) 63.25 (85.11) 42.88 Total other comprehensive Income / (Expense), net of taxes 111.04 (299.10) 321.96 (188.06) 253.05 (127.51) IX. Total comprehensive Income for the period / year (VII + VIII) 11,996.68 8,532.10 16,024.44 20,528.78 29,313.06 53,097.02 X. Paid-up equity share capital (face value of ₹ 10 each) 8,125.41 8,125.41 8,125.41 8,125.41 8,125.41 8,125.41 XI. Reserves excluding revaluation reserves as per balance sheet i.e. 'Other Equity' 185,576.05 XII. Earnings per equity share in ₹ Basic and Diluted per share of ₹ 10 each 14.63 10.87 19.32 25.50 35.76 65.50 Not Annualised Annualised Statement of Unaudited Standalone Financial Results for the Quarter and Six Months Ended 30 September 2026 ("Statement") Standalone Particulars For the Three Months Ended For the Six Months Ended Hyundai Motor India Limited CIN - L29309TN1996PLC035377 Registered Office - Plot No.H-1, Sipcot Industrial Park, Irrungattukottai, Sriperumpudur Taluk, Kancheepuram District - 602117
Page 4
(₹ in Millions) As at September 30, 2026 As at March 31, 2026 Unaudited Audited Assets Non-current assets Property, plant and equipment 120,932.30 121,690.08 Capital work-in-progress 26,473.34 7,096.82 Right-of-use assets 6,308.26 6,355.79 Intangible assets 1,474.50 1,184.94 Financial assets Investment 1,544.13 1,541.59 Other financial assets 794.78 811.14 Deferred tax assets (net) 9,442.61 9,578.44 Non-current tax assets (net) 5,571.65 4,988.02 Other non-current assets 5,127.47 4,975.86 Total non-current assets 177,669.04 158,222.68 Current assets Inventories 47,331.89 35,935.14 Financial assets Trade receivables 32,655.75 20,167.82 Cash and cash equivalents 38,815.70 83,717.32 Bank balance other than above 32,956.19 16,709.34 Other financial assets 4,883.65 6,620.56 Other current assets 14,235.60 13,833.19 Total current assets 170,878.78 176,983.37 Total assets 348,547.82 335,206.05 Equity and liabilities Equity Equity share capital 8,125.41 8,125.41 Other equity Reserves and surplus 189,041.47 185,576.05 Total equity 197,166.88 193,701.46 Liabilities Non-current liabilities Financial liabilities Borrowings 4,261.95 4,549.65 Lease liabilities 668.59 686.71 Provisions 10,196.61 9,700.78 Other non-current liabilities 9,229.57 9,749.07 Total non-current liabilities 24,356.72 24,686.21 Current liabilities Financial liabilities Borrowings 1,103.03 5,415.39 Lease liabilities 189.51 166.54 Trade payables Total outstanding dues of micro enterprises and small enterprises; and 2,215.45 1,740.60 Total outstanding dues of creditors other than micro enterprises and small enterprises 74,003.28 68,970.54 Other financial liabilities 23,095.83 14,491.99 Other current liabilities 14,513.86 14,617.27 Provisions 5,910.74 5,803.80 Current tax liabilities (net) 5,992.52 5,612.25 Total current liabilities 127,024.22 116,818.38 Total liabilities 151,380.94 141,504.59 Total equity and liabilities 348,547.82 335,206.05 Particulars Hyundai Motor India Limited Statement of standalone unaudited assets and liabilities
Page 5
( ₹ in Millions) 30-September-26 30-September-25 Unaudited Unaudited Cash flows from operating activities Profit for the period 20,716.84 29,060.01 Adjustments for Tax expense 7,043.56 10,064.24 Depreciation and amortisation expense 10,717.44 10,208.85 Depreciation on right-of-use assets 143.40 63.49 Finance costs 517.71 412.74 (Gain) / loss on property plant and equipment sold / scrapped / written off (net) (32.44) (30.16) Interest income from bank deposits (2,873.64) (2,055.28) Dividend Income (689.16) (294.00) Interest income on refund of income tax - (123.05) Income from government grant (204.17) (142.84) Unrealised foreign exchange loss / (gain) (net) 416.92 (450.54) Operating profit before working capital / other changes 35,756.46 46,713.46 Working capital adjustments (Increase) in inventories (11,396.75) (4,669.13) (Increase) in trade receivables (12,634.51) (5,348.40) Decrease in other financial assets (current and non-current) 1,753.27 127.79 (Increase) in other assets (current and non-current) (255.54) (3,665.40) Increase / (Decrease) in trade payables 5,440.14 (3,854.54) Increase in other financial liabilities (current) 1,644.02 1,544.05 (Decrease) in other liabilities (current and non-current) (418.74) (3,981.70) Increase in provisions (current and non-current) 128.30 478.35 Cash generated from operating activities 20,016.65 27,344.48 Income taxes paid (net of refunds) (7,047.84) (5,048.51) Net cash from operating activities (A) 12,968.81 22,295.97 Cash flows from investing activities Deposits with banks with original maturity of more than three months but less than twelve months (48,881.47) (15,366.90) Maturity of deposits with banks with original maturity of more than three months but less than twelve months 32,738.87 40,610.00 Payment for acquisition of property plant and equipment and intangible assets (including Right of Use assets) (23,056.60) (25,800.31) Proceeds from sale of property, plant and equipment 88.09 75.90 Interest received on bank deposits 2,770.82 2,665.65 Dividend income from investments 689.16 294.00 Acquisition of other investments - (165.85) Net cash (used in) / from investing activities (B) (35,651.13) 2,312.49 Cash flows from financing activities Repayment of sales tax / VAT deferral loan (592.34) (683.34) Repayment of lease liabilities (126.38) (73.34) Proceeds from short term borrowings 1,480.05 1,755.59 Repayment of short term borrowings (5,596.39) (1,167.86) Finance costs paid (55.01) (23.67) Dividend paid (Including withholding tax) (17,063.36) (17,063.36) Net cash used in financing activities (C) (21,953.43) (17,255.98) Net (decrease) / increase in cash and cash equivalents (A+B+C) (44,635.75) 7,352.48 Cash and cash equivalents at the beginning of the period 83,717.32 47,312.93 Effect of exchange rate fluctuations on cash and cash equivalents held (265.87) 269.12 Cash and cash equivalents at the end of the period 38,815.70 54,934.53 Cash and cash equivalents at the end of the period 38,815.70 54,934.53 Bank balances other than above at the end of the period 32,956.19 8,187.05 Total cash and bank balances at the end of the period 71,771.89 63,121.58 For the Six Months Ended Particulars Hyundai Motor India Limited Statement of standalone unaudited cash flows
Page 6
Notes: 1 2 3 4 For and on behalf of Board of Directors of Hyundai Motor India Limited Tarun Garg Date: 28 October 2026 Managing Director and CEO Place: Gurugram DIN: 00045669 Hyundai Motor India Limited The standalone financial results of Hyundai Motor India Limited ('the Company') have been prepared in accordance with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 (the 'Act') and other accounting principles generally accepted in India and presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations'). These results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 28 October 2026. The unaudited standalone financial results are also being made available on the Stock Exchange websites www.bseindia.com and www.nseindia.com and on the Company's website: www.hyundai.com/in/en The Company has one operating segment, namely “manufacture and sale of motor vehicles, engine, transmission and other parts, related after-sales activities” and the information reported to the Chief Operating Decision Maker (CODM) for the purposes of resource allocation and assessment of performance focuses on this operating segment. The Company has disclosed the segment information in the consolidated financial results. As per the notification issued by the Ministry of Environment, Forest and Climate Change on the Environment Protection (End-of-Life Vehicles) Rules, 2025 (EPR rules), which became effective from April 1, 2025, the Company has an obligation to scrap the End of Life Vehicles as per the table mentioned therein for vehicles sold in domestic market, including those put to self-use from 01 April 2005 till 30 September 2026. The obligation mentioned in this rule has to be met by way of obtaining extended producer responsibility (“EPR”) Certificates, the pricing mechanism for which is yet to be notified. Further, the implementation details and operational procedures of the EPR rules including the modalities of the pricing mechanism for the EPR certificates are yet to be developed. Due to the absence of information regarding the pricing mechanism and pending approval of registration on the centralized online portal for EPR certificates, there is currently insufficient data to reliably arrive at a range of possible outcomes or estimate the financial impact of this obligation. Consequently, the recognition criteria under the applicable accounting standards are not met. Accordingly, no provision has been recognized. The Company will continue to assess the ability to measure its obligations pursuant to the EPR Rules, as and when the aforesaid details of implementation framework are available.
Page 7
B S R & Co. LLP Chartered Accountants KRM Tower, 1st and 2nd Floors No. 1, Harrington Road, Chetpet Chennai – 600 031, India Telephone: +91 44 4608 3100 Fax: +91 44 4608 3199 Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2 Limited Review Report on unaudited consolidated financial results of Hyundai Motor India Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Hyundai Motor India Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Hyundai Motor India Limited (hereinafter referred to as “the Parent”), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (“the Statement”), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the Parent and its subsidiaries as mentioned below: • Hyundai Motor India Engineering Private Limited • Hyundai India Insurance Broking Private Limited
Page 8
B S R & Co. LLP Limited Review Report (Continued) Hyundai Motor India Limited Page 2 of 2 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For B S R & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 Harsh Vardhan Lakhotia Partner Gurugram Membership No.: 222432 28 October 2026 UDIN:26222432DRASHL3745
Page 9
(₹ in Millions) For the Year Ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I. Revenue from operations (a) Revenue 203,621.82 160,965.01 171,558.31 364,586.83 333,354.47 693,911.62 (b) Other operating revenue 3,338.74 2,381.32 3,049.91 5,720.06 5,382.50 13,721.72 Total revenue from operations (a+b) 206,960.56 163,346.33 174,608.22 370,306.89 338,736.97 707,633.34 II. Other income 2,239.59 2,743.69 2,312.06 4,983.29 4,460.00 9,490.35 III. Total income (I+II) 209,200.15 166,090.02 176,920.28 375,290.18 343,196.97 717,123.69 IV. Expenses (a) Cost of materials consumed 157,309.09 118,947.62 121,831.66 276,256.71 240,173.82 501,813.61 (b) Purchases of stock-in-trade 759.99 759.64 901.40 1,519.63 1,934.63 3,957.98 (c) Changes in inventories of finished goods, work-in-progress and stock- in-trade (5,263.59) (951.41) (197.66) (6,215.00) (3,490.93) (566.46) (d) Employee benefits expense 7,522.64 7,490.22 6,181.38 15,012.86 12,423.51 27,474.38 (e) Finance costs 252.36 273.26 166.64 525.62 413.92 1,064.68 (f) Depreciation and amortisation expense 5,553.69 5,571.01 5,175.15 11,124.70 10,456.20 21,979.96 (g) Other expenses 27,009.20 22,139.83 21,652.30 49,149.03 41,670.45 89,366.57 (h) Cost of materials consumed for own use (121.57) (156.65) (50.22) (278.22) (116.22) (397.60) Total Expenses 193,021.81 154,073.52 155,660.65 347,095.33 303,465.38 644,693.12 V. Profit before tax for the period / year (III - IV) 16,178.34 12,016.50 21,259.63 28,194.85 39,731.59 72,430.57 VI. Tax expense (a) Current tax 4,061.34 3,148.14 5,969.19 7,209.48 11,073.34 17,623.49 (b) Deferred tax (net) 155.40 (17.88) (432.11) 137.52 (756.64) 491.88 Total tax expense (a+b) 4,216.74 3,130.26 5,537.08 7,347.00 10,316.70 18,115.37 VII. Profit after tax for the period / year (V- VI) 11,961.60 8,886.24 15,722.55 20,847.85 29,414.89 54,315.20 VIII. Other Comprehensive Income ("OCI") Items that will not be reclassified to profit or loss Remeasurements of net defined benefit liability / (asset) 148.39 (399.70) 430.25 (251.31) 338.16 (88.61) Income tax relating to items that will not be reclassified to profit or loss (37.35) 100.60 (108.29) 63.25 (85.11) 22.30 Total other comprehensive Income / (Expense), net of taxes 111.04 (299.10) 321.96 (188.06) 253.05 (66.31) IX. Total comprehensive Income for the period / year (VII + VIII) 12,072.64 8,587.14 16,044.51 20,659.79 29,667.94 54,248.89 X. Paid-up equity share capital (face value of ₹ 10 each) 8,125.41 8,125.41 8,125.41 8,125.41 8,125.41 8,125.41 XI. Reserves excluding revaluation reserves as per balance sheet i.e. 'Other Equity' 192,024.77 XII. Earnings per equity share in ₹ Basic and Diluted per share of ₹ 10 each 14.72 10.94 19.35 25.66 36.20 66.85 Not Annualised Annualised Particulars For the Three Months Ended For the Six Months Ended Hyundai Motor India Limited CIN - L29309TN1996PLC035377 Registered Office - Plot No.H-1, Sipcot Industrial Park, Irrungattukottai, Sriperumpudur Taluk, Kancheepuram District - 602117 Statement of Unaudited Consolidated Financial Results for the Quarter and Six Months Ended 30 September 2026 ("Statement") Consolidated
Page 10
(₹ in Millions) As at September 30, 2026 As at March 31, 2026 Unaudited Audited Assets Non-current assets Property, plant and equipment 122,287.76 122,907.21 Capital work-in-progress 26,760.47 7,253.04 Right-of-use assets 6,435.46 6,510.10 Intangible assets 1,611.18 1,281.79 Financial assets Investments 76.13 73.59 Other financial assets 904.18 919.57 Deferred tax assets (net) 9,777.14 9,851.41 Non-current tax assets (net) 6,250.25 5,458.82 Other non-current assets 5,388.15 5,019.97 Total non-current assets 179,490.72 159,275.50 Current assets Inventories 47,331.89 35,935.14 Financial assets Trade receivables 34,145.63 21,936.95 Cash and cash equivalents 41,322.08 87,116.73 Bank balance other than above 35,131.08 18,403.05 Other financial assets 5,420.98 6,631.53 Other current assets 15,267.70 14,743.68 Total current assets 178,619.36 184,767.08 Total assets 358,110.08 344,042.58 Equity and liabilities Equity Equity share capital 8,125.41 8,125.41 Other equity Reserves and surplus 195,621.20 192,024.77 Total equity 203,746.61 200,150.18 Liabilities Non-current liabilities Financial liabilities Borrowings 4,261.95 4,549.65 Lease liabilities 751.76 796.33 Provisions 10,526.57 10,040.51 Other non-current liabilities 9,229.57 9,749.07 Total non-current liabilities 24,769.85 25,135.56 Current liabilities Financial liabilities Borrowings 1,103.03 5,415.39 Lease liabilities 240.75 214.25 Trade payables Total outstanding dues of micro enterprises and small enterprises; and 2,289.50 1,801.39 Total outstanding dues of creditors other than micro enterprises and small enterprises 75,657.19 70,204.67 Other financial liabilities 23,516.38 14,634.88 Other current liabilities 14,706.31 14,903.68 Provisions 6,086.37 5,968.76 Current tax liabilities (net) 5,994.09 5,613.82 Total current liabilities 129,593.62 118,756.84 Total liabilities 154,363.47 143,892.40 Total equity and liabilities 358,110.08 344,042.58 Particulars Hyundai Motor India Limited Statement of consolidated unaudited assets and liabilities
Page 11
( ₹ in Millions) 30-Sep-26 30-Sep-25 Unaudited Unaudited Cash flows from operating activities Profit for the period 20,847.85 29,414.89 Adjustments for Tax expense 7,347.00 10,316.70 Depreciation and amortisation expense 10,954.14 10,387.31 Depreciation on right-of-use assets 170.56 68.88 Finance costs 525.63 413.92 (Gain) / loss on property plant and equipment sold / scrapped / written off (net) (32.43) (30.45) Interest income from bank deposits (2,997.18) (2,179.87) Interest income Others (0.25) (123.28) Income from government grant (204.17) (142.84) Unrealised foreign exchange loss / (gain) (net) 412.08 (450.54) Operating profit before working capital / other changes 37,023.23 47,674.72 Working capital adjustments (Increase) in inventories (11,396.75) (4,669.13) (Increase) in trade receivables (12,352.06) (5,372.18) Decrease in other financial assets (current and non-current) 1,226.20 65.06 (Increase) in other assets (current and non-current) (373.36) (3,698.89) Increase / (Decrease) in trade payables 5,872.51 (3,603.65) Increase in other financial liabilities (current) 1,903.94 1,539.71 (Decrease) in other liabilities (current and non-current) (512.69) (3,870.95) Increase in provisions (current and non-current) 129.19 478.80 Cash generated from operating activities 21,520.21 28,543.49 Income taxes paid (net of refunds) (7,620.64) (5,544.92) Net cash from operating activities (A) 13,899.57 22,998.57 Cash flows from investing activities Deposits with banks with original maturity of more than three months but less than twelve months (50,677.02) (18,090.80) Maturity of deposits with banks with original maturity of more than three months but less than twelve months 34,058.40 42,915.44 Payment for acquisition of property plant and equipment and intangible assets (including Right of Use assets) (23,805.02) (25,999.76) Proceeds from sale of property, plant and equipment 88.11 76.19 Interest received on bank deposits 2,889.19 2,781.53 Acquisition of other investments - (165.85) Net cash (used in) / from investing activities (B) (37,446.34) 1,516.75 Cash flows from financing activities Repayment of sales tax / VAT deferral loan (592.34) (683.34) Repayment of lease liabilities (157.23) (80.10) Proceeds from short term borrowings 1,480.05 1,755.59 Repayment of short term borrowings (5,596.39) (1,167.86) Finance costs paid (55.01) (23.67) Dividend paid (Including withholding tax) (17,063.36) (17,063.36) Net cash used in financing activities (C) (21,984.28) (17,262.74) Net (decrease) / increase in cash and cash equivalents (A+B+C) (45,531.05) 7,252.58 Cash and cash equivalents at the beginning of the period 87,116.73 48,457.17 Effect of exchange rate fluctuations on cash and cash equivalents held (263.60) 269.16 Cash and cash equivalents at the end of the period 41,322.08 55,978.91 Cash and cash equivalents at the end of the period 41,322.08 55,978.91 Bank balances other than above at the end of the period 35,131.08 11,908.22 Total cash and bank balances at the end of the period 76,453.16 67,887.13 Particulars For the Six Months Ended Hyundai Motor India Limited Statement of consolidated unaudited cash flows
Page 12
Notes: 1 2 (₹ in Millions) For the Year Ended / As at 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 Unaudited Unaudited Unaudited Unaudited Unaudited Audited A. Segment Revenue: Revenue from operations 206,960.56 163,346.33 174,608.22 370,306.89 338,736.97 707,633.34 B. Segment Results: Profit before tax for the period/ year 16,178.34 12,016.50 21,259.63 28,194.85 39,731.59 72,430.57 C. Segment Assets: Total assets 358,110.08 349,277.43 313,789.03 358,110.08 313,789.03 344,042.58 D. Segment Liabilities: Total liabilities 154,363.47 140,540.11 138,219.80 154,363.47 138,219.80 143,892.40 3 4 For and on behalf of Board of Directors of Hyundai Motor India Limited Tarun Garg Date: 28 October 2026 Managing Director and CEO Place: Gurugram DIN: 00045669 The unaudited consolidated financial results are also being made available on the Stock Exchange websites www.bseindia.com and www.nseindia.com and on the Company's website: www.hyundai.com/in/en As per the notification issued by the Ministry of Environment, Forest and Climate Change on the Environment Protection (End-of-Life Vehicles) Rules, 2025 (EPR rules), which became effective from April 1, 2025, the Company has an obligation to scrap the End of Life Vehicles as per the table mentioned therein for vehicles sold in domestic market, including those put to self-use from 01 April 2005 till 30 September 2026. The obligation mentioned in this rule has to be met by way of obtaining extended producer responsibility (“EPR”) Certificates, the pricing mechanism for which is yet to be notified. Further, the implementation details and operational procedures of the EPR rules including the modalities of the pricing mechanism for the EPR certificates are yet to be developed. Due to the absence of information regarding the pricing mechanism and pending approval of registration on the centralized online portal for EPR certificates, there is currently insufficient data to reliably arrive at a range of possible outcomes or estimate the financial impact of this obligation. Consequently, the recognition criteria under the applicable accounting standards are not met. Accordingly, no provision has been recognized. The Company will continue to assess the ability to measure its obligations pursuant to the EPR Rules, as and when the aforesaid details of implementation framework are available. Particulars Note: There are no unallocated corporate income, expense, asset and liabilities considering that the Group operates in a single segment. The Group has one operating segment, namely "manufacture and sale of motor vehicles, engine, transmission and other parts, related after-sales activities, related engineering and broking services" and the information reported to the Chief Operating Decision Maker (CODM) for the purpose of resource allocation and assessment of performance focuses on this operating segment. Consolidated For the Three Months Ended / As at For the Six Months Ended / As at Hyundai Motor India Limited The consolidated financial results of Hyundai Motor India Limited ('the Company') and its subsidiaries (together referred to as 'the Group') have been prepared in accordance with the recognition and measurement principles laid down in the applicable accounting standards prescribed under Section 133 of the Companies Act, 2013 (the 'Act') and other accounting principles generally accepted in India and presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations'). These results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 28 October 2026.