The Hindu·2 min read·medium
Hyundai Motor Q1 net dips 35% on production constraints and West Asia conflict
T
The Hindu Bureau
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Hyundai Motor India reported a 35% decline in net profit for the first quarter of FY27 due to production constraints and geopolitical tensions in West Asia. The company expects a recovery in the coming quarters as production normalizes.
Production constraints and the impact of West Asia conflict had their impact on Hyundai Motor India Ltd (HMIL) as its consolidated net profit plummeted 35% year-on-year (YoY) to ₹888.6 crore in the first quarter (Q1) of FY27, even as it expects recovery from the second quarter (Q2).
businesseconomy
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