कोशिश गोल्ड - मुक्त
Hyundai navigates rocky road
Mint Hyderabad
|February 04, 2026
Hyundai Motor India Ltd's December quarter (Q3FY26) results drew a lacklustre reaction from the Street.
While Ebitda margin was flat year-on-year at 11.2%, unit economics improved slightly.Ebitda (excluding other operating revenue) per vehicle increased by 2% to ₹82,067 per vehicle due to the sharp rise in staff costs and other expenses, even as gross profit per vehicle rose faster by about 9% to ₹217,000.
Some of the cost increases can be attributed to the commissioning of a new plant in Pune.
Volumes were lacklustre, with domestic sales flat year-on-year at 1.47 lakh units. In contrast, rival Maruti Suzuki India Ltd’s volumes grew 21% to 5.65 lakh units.
The stock prices mirror this dichotomy in growth. It appears that the gains from the reduction in the goods and services tax (GST) rates were limited for Hyundai. Its shares are now below the closing price before Independence Day, when Prime Minister Narendra Modi initially hinted at a GST rate cut.
यह कहानी Mint Hyderabad के February 04, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Hyderabad से और कहानियाँ
Mint Hyderabad
Nykaa’s Q3 net profit jumps 157%; gross sales, margins up
Nykaa's parent FSN E-Commerce Ventures Ltd saw its third-quarter consolidated net profit jump, driven by an increase in gross sales and margins.
1 min
February 06, 2026
Mint Hyderabad
After years of excess, a return to essentials
Dressing for the photograph has overtaken dressing for the experience but the pendulum seems to be swinging back again
3 mins
February 06, 2026
Mint Hyderabad
India likely to boost coking coal imports from US as part of deal
India is likely to increase imports of coking coal—used mainly in steel and cement production—from the US in a bid to enhance energy partnership, as part of a trade deal between the two countries, said two people aware of the development.
1 mins
February 06, 2026
Mint Hyderabad
RBI should allow a kill-switch for phones of defaulters
After saying that the Reserve Bank of India (RBI) is evaluating whether to bring back the policy of allowing loan-financed phones on which repayments are interrupted to be locked as a method of enforcing credit discipline, the central bank has not moved on the subject.
3 mins
February 06, 2026
Mint Hyderabad
US deports 3,800 Indians in 2025
Over 3,800 Indian nationals were deported from the US in 2025, the government informed the Rajya Sabha on Thursday.
1 min
February 06, 2026
Mint Hyderabad
Job focus to narrow income gap with rich nations: FM
The Centre is reducing customs duties.
1 mins
February 06, 2026
Mint Hyderabad
Indian startups turn home interiors into a DIY market
Early-stage investors see the materials-led interiors segment as an under-utilized opportunity, estimated at about $14 billion
2 mins
February 06, 2026
Mint Hyderabad
‘India’s energy security to dictate sourcing’
India on Thursday said its strategy of ensuring the country’s energy security and diversifying sources amid “evolving international dynamics” will be the main factor dictating energy decisions, including engagement with Russia, while keeping open the option of oil purchases from Venezuela.
1 min
February 06, 2026
Mint Hyderabad
The world’s first viral AI assistant has arrived, and things are getting weird
Avid futurists have promised the world AI assistants for years.
4 mins
February 06, 2026
Mint Hyderabad
GST cuts, festive rush drive record quarter for Hero MotoCorp, others
Hero MotoCorp
2 mins
February 06, 2026
Listen
Translate
Change font size