Hyundai Motor India, reported a 16% drop in its consolidated net profit for the quarter ended September 2024 to Rs 1,375 crore. The same stood at Rs 1,628 crore a year ago.
Revenue from operations in the reporting period, too, fell 7% year-on-year (YoY) to Rs 17,260 crore.
The company reported an EBITDA of Rs 2,205 crore in the second quarter, down 10% from Rs 2,440 crore posted in the corresponding quarter of the previous year.
Margins for the quarter too declined 30 basis points (bps) YoY to 12.8% in the reporting period.
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