NEW DELHI, Oct. 28 -- Hyundai Motor India Ltd's revenue crossed Rs.20,000 crore for the first time in the September quarter, but rising commodity costs continued to erode profitability, leaving the car maker dependent on price increases, easing input costs and new-model sales to restore margins. Net profit fell for a third consecutive quarter, putting its full-year margin guidance under pressure.

The Gurugram-based company reported a 24% year-on-year decline in net profit to Rs.1,196 crore for the July-September quarter of fiscal year 2027 (Q2FY27), as earnings before interest, tax, depreciation and amortization (Ebitda) margin contracted to 9.5%.

Revenue, by contrast, rose 19% to Rs.20,362 crore, supported by stronger domestic demand a...