Saturday, August 16, 2025

Creating liberating content

Sam Altman, CEO of OpenAI attends the annual Allen and

Opendoor shares popped about 10% on Friday after CEO Carrie

Applied Materials shares plunged more than 13% after the semiconductor

Related News

Sam Altman, CEO of OpenAI attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 8,

Opendoor shares popped about 10% on Friday after CEO Carrie Wheeler said she’s resigning from the online real estate company, which has seen a surge in recent interest from retail

US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already

Applied Materials shares plunged more than 13% after the semiconductor equipment maker issued weak guidance as it faces demand pressures in China. The company forecasted adjusted earnings of $2.11 per

A government intervention in struggling chipmaker Intel is “essential” for the sake of national security, analyst Gil Luria said Friday, following a report that the Trump administration is weighing taking

India and Singapore held the fourth meeting of their Joint Working Group on Trade & Investment (JWGTI) at Vanijya Bhawan in New Delhi on Thursday, focusing on ways to deepen

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Hyundai Motor India Q4 profit declines 4% to Rs 1,614 crore on weak domestic sales

Word Count: 594 | Estimated Reading Time: 3 minutes


Hyundai Motor India Q4 profit declines 4% to Rs 1,614 crore on weak domestic sales

Hyundai Motor India Ltd (HMIL) on Friday reported a 4% decline in its consolidated profit after tax (PAT) to Rs 1,614 crore for the fourth quarter ended March 31, 2025, attributed to lower sales in the domestic market.The automaker had reported a PAT of Rs 1,677 crore in the same period last fiscal.Despite the dip in profit, the company’s total revenue from operations rose to Rs 17,940 crore in Q4 FY25, up from Rs 17,671 crore in the corresponding quarter of 2023-24, HMIL said in a regulatory filing as reported by PTI.Domestic sales dropped to 1,53,550 units in the March quarter, compared to 1,60,317 units in the same period of the previous fiscal. However, exports grew to 38,100 units during the quarter, up from 33,400 units a year ago.For the full fiscal year 2024-25, Hyundai reported a consolidated PAT of Rs 5,640 crore, a 7% decrease from Rs 6,060 crore in FY24. Annual revenue declined slightly to Rs 69,193 crore from Rs 69,829 crore in the previous year.Domestic sales for the entire fiscal fell to 5,98,666 units from 6,14,721 units in FY24. Meanwhile, exports remained largely stable at 1,63,386 units in FY25, compared to 1,63,155 units in 2023-24.The company’s board has recommended a final dividend of Rs 21 per share with a face value of Rs 10 each for FY25.Looking ahead, Hyundai announced a capital expenditure (capex) plan of Rs 7,000 crore for the current fiscal, aimed at strategic investments to support sustainable mid-to-long-term growth. The company also outlined plans to launch 26 new models, including six electric vehicles (EVs), between FY26 and FY30.Shares of Hyundai were trading 1.67% higher at Rs 1,867 apiece on the BSE at the time of the announcement.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account