Hyundai Motor India stock drops 2% on Q2 FY25 results

Hyundai Motor India’s stock fell by 2% following the announcement of its Q2 FY25 results. The company reported a 7.5% YoY revenue decline, with Q2 FY25 revenue at ₹17,260 crore, compared to ₹18,660 crore in Q2 FY24. On a QoQ basis, revenue saw a slight dip of 0.5% from ₹17,344 crore in Q1 FY25.

Net profit for the quarter stood at ₹1,375 crore, marking a 15.5% drop YoY from ₹1,628 crore in Q2 FY24 and a 7.7% sequential decline from ₹1,490 crore in Q1 FY25. Despite a challenging quarter, Hyundai continues to face strong market competition.

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