What Led to Hyundai Motor India's 4% Drop in Q4 Net Profit?
Synopsis
Key Takeaways
Mumbai, May 16 (NationPress) On Friday, Hyundai Motor India disclosed a modest decrease in its net profit for the fourth quarter of the fiscal year 2024-25 (Q4 FY25). The automaker's net profit stood at Rs 1,614 crore for Q4, representing a decline of nearly 4 percent compared to Rs 1,677 crore reported during the same quarter last fiscal year (Q4 FY24), as indicated in its filing with the stock exchange.
Conversely, Hyundai's revenue from operations experienced a year-on-year increase of 1.5 percent, reaching Rs 17,940 crore during the quarter ending March 2025.
The firm also declared a final dividend of Rs 21 per equity share for FY25, as per the exchange report.
Hyundai's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) saw a slight uptick to Rs 2,533 crore, although the EBITDA margin slightly declined to 14.1 percent, down from 14.3 percent in Q4 FY24.
The company acknowledged facing global and macroeconomic difficulties throughout the year; nevertheless, it succeeded in achieving robust sales figures.
Hyundai recorded domestic sales of 5.99 lakh units and export volumes of 1.63 lakh units.
Among its standout models, the Creta SUV maintained its position as a leader in the midsize SUV category, commanding over 30 percent market share.
Additionally, the company noted its highest-ever contribution from domestic SUVs, which accounted for 68.5 percent of total domestic sales.
Demand was strong in both urban and rural areas. Unsoo Kim, CEO and MD of Hyundai Motor India, stated that FY25 showcased the company's capability to adapt to evolving customer preferences and market dynamics.
Looking ahead, Kim expressed that the company remains cautiously optimistic regarding domestic demand in the short term, given the ongoing macroeconomic challenges and declining consumer sentiment.
After the earnings announcement, Hyundai India's shares closed unchanged at Rs 1,839.70, marking an increase of Rs 3.70 or 0.20 percent.