Introduction:
Auto stock observed a YoY decrease in its Q2 FY25 performance, with standalone net profit dropping 16% to ₹1,338 crore and revenue down 8.3% to ₹16,876 crore. The company faces challenges in a sluggish automotive market but remains committed to launching new models like the Creta EV to boost future growth.
Share Price movement of Hyundai India:
Hyundai India’s share price experienced a decline in the latest trading session, opening at 1823.05 and closing at 1804.45. This represents a decrease of 17.85 points or about 0.98%, indicating a modest drop in the stock’s value for the day.
Hyundai India profit decline:
Hyundai India reported a YoY decline in its Q2 FY25 results with standalone net profit falling 16% to ₹1,338 crore and revenue decreasing by 8.3% to ₹16,876 crore. These declines reflect the sluggish sales impacting the automotive sector.
On a consolidated basis, the company’s revenue dropped 7.5% YoY, with net profit down 15.53% to ₹1,375.46 crore. Operational profitability slightly decreased, with EBITDA margin contracting 30 basis points to 12.7%.
Amidst these downturns, Hyundai India remains focused on cost control and is preparing to launch the Creta EV, anticipated to significantly impact the EV market.
Recent news About Hyundai India:
Hyundai India recently reported a decrease in Q2 FY25 performance with a 16% drop in standalone net profit and an 8.3% decline in revenue, reflecting sluggish sales in the automotive sector. Despite these challenges, the company is gearing up to launch the Creta EV, aiming to make a significant impact in the evolving electric vehicle market.
Stock performance of Hyundai India for Period of 1 week:
Hyundai India’s stock performance over various periods reflects a mix of market responses. In the last week, the stock has seen a minor decrease of 0.42%. However, the performance data for the last six months and the past year is not specified.
Shareholding pattern of Hyundai India:
| Shareholders | Oct-24 |
| Promoters | 82.50% |
| FIIs | 7.36% |
| DIIs | 5.77% |
| Public | 4.37% |
| No. of Shareholders | 15,34,464 |
About Hyundai India:
Hyundai India, a subsidiary of the global South Korean car manufacturer Hyundai Motor Company, operates extensively in the Indian automotive market. Known for its diverse lineup of vehicles including sedans, SUVs, and now electric vehicles, Hyundai India is a key player in enhancing sustainable mobility solutions across the region, consistently introducing innovative models to meet evolving consumer demands.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
