Hyundai Motor India Limited — Important, 12-11-2024: Financial Result Updates

**Consolidated Financial Results Summary**

Hyundai Motor India's consolidated revenue from operations for the quarter ended September 30, 2024, stood at ₹1,72,600.84 crore, reflecting a growth of approximately 4.9% year-over-year, driven by robust demand and successful market strategies. The net profit for the period rose to ₹12,746.60 crore, compared to ₹14,896.82 crore in the previous year, translating to an Earnings Per Share (EPS) of ₹16.46. Key factors impacting profitability included a slight increase in operational costs (up 8.2% year-over-year), primarily due to higher material prices. The balance sheet indicates a healthy cash flow with total assets of ₹37,259.68 crore and equity of ₹7,35,266.01 crore, maintaining solid financial stability.

The strategic focus remains on enhancing market presence and cost efficiency, positioning the company well for future growth. Given the financial performance and market outlook, a hold position is indicated, as investors should watch for ongoing developments in demand and operational improvements.