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Hyundai Profit Skids for Fourth Straight Quarter

Financial Express Lucknow

|

July 31, 2025

HYUNDAI MOTOR INDIA's net profit fell 8.1% year-on-year to ₹1,369 crore in the first quarter of FY26—its fourth straight quarter of decline—due to high discounts and lower domestic sales.

- NITIN KUMAR

The company has lost its second position in domestic sales to closest rival Mahindra and Mahindra.

Despite the drop, the automaker exceeded Bloomberg's consensus profit estimate of ₹1,264 crore.

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