Hyundai Motor India holds full year view, banking on new launches, demand recovery

July 30 : Hyundai Motor India on Thursday maintained its fiscal 2027 volume growth and operating margin outlook, expecting new launches and stronger demand for gas-powered vehicles to offset disruptions that hurt quarterly profit.The carmaker's shares rose as much as 2.8 per cent after results before ending 1.3 per cent higher.The company held its EBITDA margin outlook of 11 per cent-14 per cent for fiscal 2027 even as its first-quarter margin fell to 9.3 per cent from 13.3 per cent a year earlier.First-quarter profit fell over 35 per cent to 8.89 billion rupees ($92.91 million), while revenue fell 0.5 per cent, hurt by higher costs and a production disruption at its Chennai plant. "... the new model cycle starts from October with the mid SUV in the festive season. So that should also help