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GST 2.0 Reforms Propel Hyundai Motor India Limited SUV September Sales Contribution to Highest-Ever in its History



Posted On : 2025-10-01 14:06:45( TIMEZONE : IST )

GST 2.0 Reforms Propel Hyundai Motor India Limited SUV September Sales Contribution to Highest-Ever in its History

Hyundai Motor India Limited (HMIL) has achieved total monthly sales of 70,347 units (domestic: 51,547 units + exports: 18,800 units) in September 2025, a 10% increase from 64,201 units (domestic: 51,101 units + 13,100 units), in September 2024.

Commenting on HMIL's robust September sales performance, Mr. Tarun Garg, Wholetime Director & Chief Operating Officer, HMIL said, "We extend our sincere gratitude to the Hon'ble Prime Minister Shri. Narendra Modi Ji for the transformative GST 2.0 reforms, which have given wings to the aspirations of millions of people around the country. Post announcement of GST 2.0 reforms, HMIL is witnessing a synergetic alignment of both domestic and export markets now growing in tandem - a true double-engine growth. Our domestic sales in September stood at 51,547 units, driven by vibrant festive demand and strong customer interest across all segments. We have also witnessed highest-ever domestic SUV sales penetration in the history of the Company at 72.4%, with CRETA scoring the highest-ever monthly sales at 18,861 units. VENUE too reported a 20-month high sales volume of 11,484 units in September."

Mr. Garg further added, "A true example of Make in India, exports in September soared by nearly 44% YoY to 18,800 units, marking our highest export volume in the past 33 months since December 2022. This synchronized growth of SUVs as well as exports sales underscores HMIL's strategic importance as Hyundai Motor Company's global manufacturing hub - a shining example of 'Make in India, Made for the World.' Empowered by India's highly skilled workforce, Hyundai Motor India Limited remains committed to advancing the vision of Atmanirbhar Bharat and driving inclusive growth across the mobility ecosystem."

Shares of Hyundai Motor India Limited was last trading in BSE at Rs. 2583.55 as compared to the previous close of Rs. 2642.30. The total number of shares traded during the day was 40464 in over 3968 trades.

The stock hit an intraday high of Rs. 2686.10 and intraday low of 2577.85. The net turnover during the day was Rs. 105940412.00.

Source : Equity Bulls

Keywords

HyundaiMotorIndia INE0V6F01027 PassengerCars UtilityVehicles SalesVolume September2025 SUV HighestEver