ADVERTISEMENT
Hyundai Motor India Limited (HMIL) today announced the appointment of Sunil Moolchandani as the Function Head – National Sales of the company.
With over two decades of experience in leading high-performing teams and driving market expansion, Moolchandani brings a strong blend of strategic insight and operational depth to the role.
HMIL is confident in his ability to guide the sales function towards consistent growth and long-term success. Moolchandani has held leadership positions across prominent automotive and mobility brands, where he successfully spearheaded initiatives in sales transformation, dealer network expansion and customer engagement strategies.
About Sunil Moolchandani
Moolchandani is a seasoned professional with over 24 years of experience in the automotive and commercial sectors. Before joining Hyundai, he served as Chief Commercial Officer (Central Zone) at Maruti Suzuki India Ltd, where he played a key role in driving strategic growth and operational excellence.
He holds a Bachelor of Engineering (Electrical) from the University of Pune and a Post Graduate Diploma in Management (PGDM) from Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune.
HMIL recent performance
Hyundai Motor India reported an 8% decline in net profit for Q1 FY2026 at Rs 1,369 crore, compared to Rs 1,489.6 crore in the same period last year.
Revenue fell 5.4% year-on-year to Rs 16,413 crore, while EBITDA declined 6.6% to Rs 2,185.2 crore.
However, sales momentum improved in September 2025, rising to 70,347 units, driven by the government’s GST rejig. Domestic dispatches stood at 51,547 units, while exports surged to 18,800 units, up from 13,100 units a year earlier.
Under the revised GST structure, the rate on small cars was reduced from 28% to 18%, while larger cars continue to attract 40% GST, though the cess has been removed.