TryGOLD- Free

Hyundai PAT falls 19% in Q3 over subdued demand
The New Indian Express Dharmapuri|January 29, 2025
OWING to subdued demand in the domestic market and global headwinds impacting exports, Hyundai Motor India Ltd (HMIL) on Tuesday reported a 19% decline in its profit after tax (PAT) for the quarter ending December this fiscal (Q3FY25) at ₹1,161 crore as against ₹1,425 crore profit in the same quarter last financial year (Q3FY24).
- ARSHAD KHAN @ New Delhi

Sequentially, profit fell 15.6% as the carmaker had reported a PAT of ₹1,375 crore in Q2FY25. It sold 186,408 units (domestic plus exports) of passenger vehicles during the reported quarter as against 190,979 units sold in Q3.

Shares of Hyundai Motor India closed 1.27% lower at ₹1,622.75 on the BSE on Tuesday. In contrast, benchmarks Sensex and Nifty settled with a gain of about 0.70% each.

This story is from the January 29, 2025 edition of The New Indian Express Dharmapuri.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Hyundai PAT falls 19% in Q3 over subdued demand
Gold Icon

This story is from the January 29, 2025 edition of The New Indian Express Dharmapuri.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESS DHARMAPURIView All
The New Indian Express Dharmapuri

Waiting Game Continues for Wrestlers Off the Mat

With participation at Ranking Series uncertain, selected grapplers yet to get appointment to meet sports minister to resolve matter

time-read
2 mins  |
February 17, 2025
The New Indian Express Dharmapuri

Rail Bhavan Gets Into Huddle

UNDER pressure from various quarters, Railway Minister Ashwini Vaishnaw on Sunday held a series of meetings at the Rail Bhavan to take stock of the safety measures during heavy passenger rush.

time-read
2 mins  |
February 17, 2025
The New Indian Express Dharmapuri

Study on to set up tomato sauce industry in Palacode

Farmers have made continued demands for tomato-based industries

time-read
1 min  |
February 17, 2025
The New Indian Express Dharmapuri

ISIS Lone Wolf Attacker Kills One to Death, Hurts Five Others in Austria

A 23-year-old man stabbed six passersby in southern Austria on Saturday in what police said was a random attack that left a 14-year-old dead and five others injured.

time-read
1 min  |
February 17, 2025
The New Indian Express Dharmapuri

Fill Vacancies, BRTEs Urge Education Department

BLOCK Resource Teacher Educators (BRTEs) have demanded that the school education department fill vacancies in the district.

time-read
1 min  |
February 17, 2025
The New Indian Express Dharmapuri

DO YOU HAVE ENOUGH HEALTH INSURANCE?

Recently, I met someone who said he ended up paying ₹12 lakh out of pocket in spite of having Health (Mediclaim) Cover of ₹15 lakh.

time-read
2 mins  |
February 17, 2025
The New Indian Express Dharmapuri

IBC recovery hovers at 31% as more cases get liquidated

LENDERS continue to take deeper haircuts/losses from the insolvency and bankruptcy process which has from day-one been plagued by ordinate delays.

time-read
1 min  |
February 17, 2025
The New Indian Express Dharmapuri

82-Year-Old Who Spent 20 Years in Jail Seeks Premature Release, HC Says It's Govt's Call

The Madurai Bench of the Madras High Court has reaffirmed that the power to grant premature release lies at the discretion of the government, the Governor, and the President under Section 432 of the Code of Criminal Procedure, 1973, and Articles 161 and 72 of the Constitution, and directed authorities to reconsider a fresh representation from a life convict seeking early release.

time-read
1 min  |
February 17, 2025
The New Indian Express Dharmapuri

Tharoor firm on his views on LDF govt

REMAINING firm on his remarks praising the LDF government's new industrial policy in an article in 'The New Indian Express', Congress MP Shashi Tharoor attempted a balancing act on Sunday by acknowledging the contributions of the previous Congress-led governments in the state's industrial sector.

time-read
1 min  |
February 17, 2025
The New Indian Express Dharmapuri

Basilico finishes on top

FRANCESCO Di Basilico from Italy (55.45 m) and Martina Ayu Pratiwi from Indonesia (64.25 m) won the men's and women's titles respectively at the SDAT Asia Triathlon Cup 2025, held at the INS Adyar on Sunday.

time-read
1 min  |
February 17, 2025

We use cookies to provide and improve our services. By using our site, you consent to cookies. Learn more