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Hyundai PAT falls 19% in Q3 over subdued demand
The New Indian Express Mysuru
|January 29, 2025
OWING to subdued demand in the domestic market and global headwinds impacting exports, Hyundai Motor India Ltd (HMIL) on Tuesday reported a 19% decline in its profit after tax (PAT) for the quarter ending December this fiscal (Q3FY25) at ₹1,161 crore as against ₹1,425 crore profit in the same quarter last financial year (Q3FY24).
Sequentially, profit fell 15.6% as the carmaker had reported a PAT of ₹1,375 crore in Q2FY25. It sold 186,408 units (domestic plus exports) of passenger vehicles during the reported quarter as against 190,979 units sold in Q3.
Shares of Hyundai Motor India closed 1.27% lower at ₹1,622.75 on the BSE on Tuesday. In contrast, benchmarks Sensex and Nifty settled with a gain of about 0.70% each.
Denne historien er fra January 29, 2025-utgaven av The New Indian Express Mysuru.
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FLERE HISTORIER FRA The New Indian Express Mysuru
The New Indian Express Mysuru
Sports can no longer be a tool of diplomacy?
INDIA VS PAKISTAN
1 min
September 21, 2025
The New Indian Express Mysuru
CM takes GBA engineers to task, sets Oct 31 deadline to fill potholes
ENRAGED over negative media reports highlighting the poor condition of roads, inconvenience to motorists and pedestrians, and protest by residents against the government, Chief Minister Siddaramaiah on Saturday warned engineers coming under Greater Bengaluru Authority (GBA) limits and set October 31 as deadline to make Bengaluru pothole-free.
1 min
September 21, 2025
The New Indian Express Mysuru
State forms SIT to probe Aland ‘voter deletions’
THE state government on Saturday formed a Special Investigation Team (SIT) to probe the alleged attempt to delete 6,018 names from the voters’ list in the Aland constituency of Kalaburagi district, ahead of the 2023 Assembly elections.
1 min
September 21, 2025
The New Indian Express Mysuru
Vokkaliga seers want caste survey deferred
EVEN as Chief Minister Siddaramaiah stuck to his guns of conducting the Socioeconomic and Educational Survey, known as caste survey, from Monday, the Vokkaliga community leadership, including Adichunchanagiri Mutt head Sri Nirmalanandanatha Swamiji and Union Minister HD Kumaraswamy, here on Saturday issued a warning to the government, saying the survey is being carried out hastily for only fifteen days without addressing grievances of the community.
1 min
September 21, 2025
The New Indian Express Mysuru
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
HE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data. At 71%, India was the largest beneficiary of H-1B last year, while China was a distant second at 12%.
2 mins
September 21, 2025
The New Indian Express Mysuru
SC rejects plea, Banu can inaugurate Dasara festival
THE Supreme Court on Friday rejected an appeal, challenging the Karnataka High Court's order not to interfere with the state government's decision to invite International Booker Prizewinning author Banu Mushtaq to inaugurate Dasara festivities in Mysuru.
1 min
September 20, 2025
The New Indian Express Mysuru
Fresh Rahul-CEC sparring on 'vote theft' in Karnataka
IN yet another exposé on 'vote theft', Congress leader Rahul Gandhi on Thursday claimed large-scale irregularities in Karnataka's Aland constituency, accusing Chief Election Commissioner (CEC) Gyanesh Kumar of 'protecting those murdering democracy'.
1 mins
September 19, 2025
The New Indian Express Mysuru
SC stays a few provisions of Waqf Amendment Act
Abolition of ‘waaqf by user’ prima facie not arbitrary: Interim order
1 mins
September 16, 2025
The New Indian Express Mysuru
Karnataka HC junks 3 PILs against Banu inaugurating Dasara festivities
“WE are not persuaded to accept arguments that an invitation to a person of a different faith violates constitutional or legal right,” the High Court of Karnataka said on Monday while dismissing three public interest litigations (PILs) against the state government’s invitation to writer Banu Mushtaq, winner of 2025 Booker Prize, to inaugurate Mysuru Dasara festivities on September 22.
1 min
September 16, 2025
The New Indian Express Mysuru
Guy returns amendment bill on lakes
IN a setback to the state government, Governor Thaawarchand Gehlot has returned the Karnataka Tank Conservation and Development Authority (Amendment) Bill, 2025, objecting to the government’s proposal to reduce the buffer zone around lakes from the existing 30 metre to between 3 and 24 metre, depending on the lake’s size.
1 min
September 16, 2025
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