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Hyundai Motor India reports a 19% drop in net profit amid falling demand and geopolitical issues.
Hyundai Motor India reported a 19% drop in net profit to Rs 1,161 crore in Q3FY25, with revenue declining 1.3% to Rs 16,648 crore due to lower demand and geopolitical factors.
Despite the decline, the company sold 186,408 passenger vehicles, with strong SUV sales.
Hyundai remains optimistic about its growth, focusing on electric vehicle (EV) penetration with the launch of the CRETA Electric and plans to introduce three more EVs.
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Hyundai Motor India reporta una caída del 19% en el beneficio neto en medio de la caída de la demanda y los problemas geopolíticos.