Hyundai Reports Revenue Of INR 5,12,526 Million For 9M FY25; Sells Over 5.7 Lakh Units

In Q3 FY25, Hyundai India registered 1.86 lakh unit sales with export volumes hitting 40,386 units

The Board of Directors of Hyundai Motor India has today approved the financial results (Standalone and Consolidated) for the third quarter and 9 months of FY 2024-25.

Highlights of nine months (April to December 2024), FY 2024-25

▪ Revenue from operations stands at INR 512,526.11 million

▪ EBITDA margin is at 12.53 per cent as compared to 12.67 per cent of 9M FY2023-24

The Company sold a total of 5,70,402 units of passenger vehicles during this period. This includes 445,116 units in the domestic market with a strong contribution from SUV segment. The export volume stood at 1,25,286 units.

During the period, the Company registered Revenue from operations of INR 5,12,526.11 million as against INR 5,21,579.11 million in the corresponding period of the previous year.

The Profit Before Tax (PBT) for 9M of 2024-25 stands at INR 54,159.54 million compared to INR 59,802.59 million of 9M FY2023-24. While the macro impact on operations was addressed by cost reduction efforts, the PBT was impacted by change in interest income due to lower liquidity base. The Net Profit (PAT) for the period stands at INR 40,258.55 million compared to INR 43,828.71 million of 9M FY2023-24. PAT margins stood at 7.75 per cent during 9M of FY 2024-25.

Highlights of Q3 (October to December 2024), FY 2024-25 [Consolidated]

▪ Revenue from operations stands at INR 166,479.93 million

▪ EBITDA margin stands at 11.27 per cent in Q3 FY25 as compared to 12.88 per cent in Q3 FY24.

The Company sold a total of 1,86,408 units of passenger vehicles during this quarter. This includes 146,022 units in the domestic market with a strong contribution from SUV segment. The Company has achieved its highest ever CNG penetration during the quarter, reaching 15 per cent which was 12 per cent in Q3 of the previous year. During the quarter, the Company has demonstrated robust growth in rural penetration reaching 21.2 per cent compared to 19.7 per cent in the same period last year. The export volume stood at 40,386 units.

During this quarter, the Company registered Revenue from operations of INR 166,479.93 million, as against INR 168,747.09 million in the corresponding quarter of the previous year.

This document is protected as Hyundai Motor's intellectual property under relevant laws and regulations.

The Profit Before Tax (PBT) for Q3 of 2024-25 stands at INR 15,627.25 million compared to INR 19,597.44 million of Q3 FY2023-24. The Net Profit (PAT) for the quarter stands at INR 11,607.34 million compared to INR 14,252.21 million of Q3 FY2023-24.

The decline in margins was mainly due to subdued demand & geo-political factors.

Outlook

HMI is confident about its growth trajectory and is committed to drive long-term value for its stakeholders. The Company has a positive outlook on growing EV penetration in India and is headed towards electrification with a holistic approach. The Company believes that the newly launched Creta Electric will drive phenomenal success, build strong momentum and will be a game-changer in the EV landscape. The company is also building a strong EV ecosystem in India like localisation, charging infrastructure, etc. and along with 3 more EVs planned in due time, the Company is expected to greatly contribute to India’s EV growth story.

Aligned with the aggressive capacity expansion plans from Pune plant, the company will also be focusing on diversifying their product portfolio. The Company will also look to explore opportunities in alternate eco-friendly powertrains. With access to HMC’s global powertrain technologies like hybrids, hydrogen, flex fuel etc., the company believes it is well placed to adapt to any change in demand dynamics and regulatory environment.

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