Hyundai Motors India has reported its financial results for Q2 FY25, showing a decline in both revenue and profit year-on-year (YoY) and quarter-on-quarter (QoQ). Here are the detailed results:
Financial Highlights (YoY and QoQ)
- Revenue: For Q2 FY25, revenue stood at ₹17,260 crore, a 7.5% decrease YoY from ₹18,660 crore in Q2 FY24. On a QoQ basis, revenue saw a marginal decline of 0.5% from ₹17,344 crore in Q1 FY25.
- Net Profit: Net profit for Q2 FY25 was ₹1,375 crore, marking a 15.5% decline YoY from ₹1,628 crore in Q2 FY24. Sequentially, profit was down by 7.7% from ₹1,490 crore in the previous quarter.
This dip reflects the challenges Hyundai Motors India faced in maintaining revenue and profitability amid changing market dynamics.