Hyundai Motor Q4 net profit falls 4% to ₹1,614 cr

Mumbai: Hyundai India Ltd reported a 4 per cent year-on-year (y-o-y) decline in its consolidated net profit for the fourth quarter (Q4) ended March 31, amounting to ₹1,614.3 crore, compared to ₹1,677 crore in the same period last year.

The primary reason for this decline was lower domestic sales volumes. However, the company demonstrated resilience through increased exports and a strong performance in its SUV segment. Broader economic conditions and rising expenses also likely contributed to the profit decline.