Hyundai Motor Q2 Results: Net profit falls 16% to ₹1,375 crore, revenue drops 8% YoY | Stock Market News
Source: Live Mint
Hyundai Motor Q2 Results: Hyundai Motor India Ltd on Tuesday reported its earnings for the second quarter of FY25, with a fall in net profit and revenue. This is Hyundai Motor’s first earnings report since listing on Indian stock exchanges.
Hyundai Motor India reported a 16% fall in its consolidated net profit for the quarter ended September to ₹1,375.47 crore from ₹1,628.46 crore in the same quarter last fiscal year.
The company’s revenue from operations in Q2FY25 dropped 8% to ₹17,260 crore from ₹18,659.69 crore, year-on-year (YoY).
At the operating level, the auto major’s earnings before interest, tax, depreciation and amortisation (EBITDA) during the September quarter decreased 10% to ₹2,205 crore from ₹2,441 crore, while EBITDA margin narrowed to 12.8% from 13.1%, YoY.
At 2:10 PM, Hyundai Motor shares were trading 2.60% lower at ₹1,775.00 apiece on the BSE.
