Ad
Ad
Hyundai Motor India reports a 15.5% decline in net profit to INR 1,375.47 crore for Q2 FY25. Revenue also drops 7.5% due to weak market sentiment and global challenges.
In Q2 FY25, Hyundai Motor India reported a net profit of INR 1,375.47 crore, a 15.5% decrease from Q2 FY24's INR 1,628.46 crore. In addition, the company's operating revenue decreased 7.5% to INR 17,260.38 crore from INR 18,659.69 crore in the same period the previous year. Weak market circumstances and worldwide geopolitical problems that affected corporate performance were the main causes of the fall.
Hyundai Motor India reported 3,83,994 vehicle sales for the first half (H1) of FY 2024–25, including 2,99,094 domestic and 84,900 exported vehicles. The SUV market contributed significantly to the increase in domestic sales.
Hyundai's effective cost control was demonstrated by the EBITDA margin, which increased from 12.58% year over year to 13.14% in H1 FY25 despite the decline in sales.
In Q2 FY25, Hyundai Motor India sold:
The SUV segment remained the dominant force driving domestic sales. The company reported a PBT of INR 1,849.85 crore, a decrease from INR 2,232.04 crore in Q2 FY24.
Obstacles and Market Situations
The persistently low market sentiment and geopolitical risks that affected company operations and customer behavior were blamed for the drop in both net profit and revenue.
Although there are financial obstacles, Hyundai Motor India is still hopeful. "We have successfully maintained profitability in H1 FY 2024-25, largely due to our proactive and continuous cost control measures," said Managing Director Unsoo Kim, despite the weak market conditions. In addition, we anticipate that the CRETA EV, which we will be introducing to the general public in the upcoming months, will revolutionize the EV industry.
The company's dedication to innovation and market adaption to strengthen its position in the face of difficulties is reflected in this perspective.
Mahindra XUV3XO, XUV400 EV, and Thar Roxx Achieve 5-Star Safety Ratings in Bharat NCAP
Mahindra's XUV3XO, XUV400 EV, and Thar Roxx secure 5-star BNCAP safety ratings, showcasing top performance in adult and child safety tests.
14-Nov-2024 07:37 AM
Read Full NewsMahindra XUV3XO, XUV400 EV, and Thar Roxx Achieve 5-Star Safety Ratings in Bharat NCAP
Mahindra's XUV3XO, XUV400 EV, and Thar Roxx secure 5-star BNCAP safety ratings, showcasing top performance in adult and child safety tests.
14-Nov-2024 07:37 AM
Read Full NewsVolkswagen Tera: New Sub-4m SUV Set to Shake Up the Segment
Featuring sleek design elements and a 1.0-litre TSI engine with 115 PS, it will offer both manual and automatic options. Priced around INR 8 lakh, Volkswagen is set to launch the Tera, a sub-4m SUV.
13-Nov-2024 02:10 PM
Read Full NewsVolkswagen Tera: New Sub-4m SUV Set to Shake Up the Segment
Featuring sleek design elements and a 1.0-litre TSI engine with 115 PS, it will offer both manual and automatic options. Priced around INR 8 lakh, Volkswagen is set to launch the Tera, a sub-4m SUV.
13-Nov-2024 02:10 PM
Read Full NewsKia November 2024 Discounts: Save Up to Rs 2 Lakh on Sonet, Seltos & Carens
Kia India announces exclusive November 2024 discounts on Sonet, Seltos, and Carens. Save big with deals up to Rs 2 lakh. Check details now
13-Nov-2024 01:47 PM
Read Full NewsKia November 2024 Discounts: Save Up to Rs 2 Lakh on Sonet, Seltos & Carens
Kia India announces exclusive November 2024 discounts on Sonet, Seltos, and Carens. Save big with deals up to Rs 2 lakh. Check details now
13-Nov-2024 01:47 PM
Read Full NewsKia SYROS Set to Enter India's market with a Bold Styling and Unique Positioning
The Kia SYROS, set to launch in early 2025, will enter India’s B-SUV market with a unique positioning between compact crossovers like the Nissan Magnite and micro-SUVs such as the Tata Punch.
13-Nov-2024 10:53 AM
Read Full NewsKia SYROS Set to Enter India's market with a Bold Styling and Unique Positioning
The Kia SYROS, set to launch in early 2025, will enter India’s B-SUV market with a unique positioning between compact crossovers like the Nissan Magnite and micro-SUVs such as the Tata Punch.
13-Nov-2024 10:53 AM
Read Full NewsTata Harrier OTA Update Unlocks Lane Keep Assist and Adaptive Steering Assist
Tata Motors' latest OTA update brings crucial ADAS features, Lane Keep Assist, and Adaptive Steering Assist, to the Harrier and likely the Safari.
13-Nov-2024 09:45 AM
Read Full NewsTata Harrier OTA Update Unlocks Lane Keep Assist and Adaptive Steering Assist
Tata Motors' latest OTA update brings crucial ADAS features, Lane Keep Assist, and Adaptive Steering Assist, to the Harrier and likely the Safari.
13-Nov-2024 09:45 AM
Read Full NewsRenault’s 2025 SUV Duo: The New-Gen Duster and Bigster Set to Make Waves in India
Renault is preparing to launch the third-generation Duster and its larger 3-row sibling, the Bigster, in India by 2025.
13-Nov-2024 07:40 AM
Read Full NewsRenault’s 2025 SUV Duo: The New-Gen Duster and Bigster Set to Make Waves in India
Renault is preparing to launch the third-generation Duster and its larger 3-row sibling, the Bigster, in India by 2025.
13-Nov-2024 07:40 AM
Read Full NewsAd
Ad
Maruti Dzire
₹ 6.79 - 10.14 Lakh
Skoda Kylaq
₹ 7.89 Lakh
Mercedes-Benz AMG G-Class
₹ 3.60 Cr
Mercedes-Benz E-Class
₹ 78.50 - 92.50 Lakh
Mahindra Bolero 2024
₹ 10.00 Lakh
MG Gloster facelift
₹ 40.00 - 45.00 Lakh
Hyundai Tucson facelift
₹ 29.00 - 36.00 Lakh
Mahindra BE 6e
₹ 17.00 - 21.00 Lakh
Hyundai Kona Electric 2024
₹ 23.75 Lakh
Ad
Ad
Ad