Hyundai Motor India Limited — Updates, 28-01-2025: Press Release

Hyundai Motor India Limited reported its financial results for the third quarter and nine months of FY 2024-25, revealing a revenue from operations of INR 512,526.11 million for the nine-month period, down from INR 521,579.11 million a year earlier. The company sold 570,402 units of passenger vehicles, with a notable contribution from the SUV segment. Profit Before Tax (PBT) fell to INR 54,159.54 million, and Net Profit (PAT) was INR 40,258.55 million, reflecting the pressures from macroeconomic factors and reduced interest income.

In Q3, revenue reached INR 166,479.93 million, compared to INR 168,747.09 million in Q3 FY2023-24. The company experienced a significant increase in CNG vehicle penetration to 15% and improved rural market presence at 21.2%. However, both PBT and PAT declined to INR 15,627.25 million and INR 11,607.34 million, respectively.

The outlook remains positive, with a strong focus on EV growth, including the successful launch of the CRETA Electric and plans for further EV models. Hyundai aims to enhance its product portfolio and expand capacity at its Pune plant while adapting to evolving market demands.