Hyundai Motor India Q4 Results: Net profit drops 3.7% to ₹1,614.3 crore, revenue up 1.5% YoY; Dividend declared

Hyundai Motor India Q4 Results: Net profit drops 3.7% to 1,614.3 crore, revenue up 1.5% YoY; Dividend declared

Livemint
Published16 May 2025, 03:10 PM IST
Hyundai Motor India has its manufacturing base in Tamil Nadu
Hyundai Motor India has its manufacturing base in Tamil Nadu(REUTERS)

\Hyundai Motor India on Friday reported a 4 per cent dip in its consolidated profit after tax to 1,614 crore for the fourth quarter ended on March 31, 2025, on account of lower sales in the domestic market.

The automaker had posted a profit after tax (PAT) of 1,677 crore in the January-March period of 2023-24.

Total revenue from operations rose to 17,940 crore for the period under review as compared with 17,671 crore in the year-ago period, Hyundai Motor India Ltd (HMIL) said in a regulatory filing.

The company said it sold 1,53,550 units in the domestic market in the fourth quarter as compared with 1,60,317 units in the same period of FY24..

Exports increased to 38,100 units in the fourth quarter as compared with 33,400 units in the year-ago period.

For the entire 2023-24 fiscal, the company reported a consolidated PAT of 5,640 crore, down 7 per cent as against 6,060 crore in FY24. Revenue increased to 69,193 crore for the last fiscal as compared with 69,829 crore in the 2023-24 financial year.

The company's domestic sales declined to 5,98,666 units last fiscal as against 6,14,721 units in FY24. Exports remained flat at 1,63,386 units in FY25 as compared with 1,63,155 units in 2023-24 fiscal.

The company said its board has recommended a final dividend of 21 per share of face value of 10 each for the 2024-25 fiscal.

Hyundai said it has outlined a capex of 7,000 crore for the current fiscal for strategic investments to drive sustainable mid to long-term growth.

The company said it plans to introduce 26 models, including six electric vehicles, between FY26 and FY30.

Shares of the company were trading 1.67 per cent up at 1,867 apiece on the BSE.

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