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Hyundai Bets On EV, Hybrid Play
May 20, 2025
|Mint Chennai
Slacking on sales Hyundai Motor India took price hikes and reduced discounts in Q4FY25 to lift Ebitda margin q-o-q.
Hyundai Motor India Ltd has been hit hard by the waning popularity of hatchback cars in India. Its domestic sales volume fell by 4% year-on-year (y-o-y) in the March quarter (Q4FY25) led by a steep 18% drop in hatchbacks.
Export volumes saved the day, clocking 14% growth, keeping the company's total volume largely stable at 191,650 units.
Average sales realization (blended for domestic and exports) increased 4.8% quarter-on-quarter (q-o-q) to ₹8,94,792 per car. Y-o-y comparison showed the sales mix shifting in favour of a higher-priced SUV that benefits overall realization. So, it is better to look at the q-o-q trend as the sales mix remained largely unchanged. Price hikes and lower discounts lifted realization. Consequently, Q4FY25 Ebitda margin rose q-o-q by 271 basis points to 14.2% even though it was flattish y-o-y.
هذه القصة من طبعة May 20, 2025 من Mint Chennai.
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