Hyundai profit down 4%, but beats estimates
- Posted on May 16, 2025
- By Financial Express
- 1 Views
Hyundai profit down 4%, but beats estimates
HMIL reported a 3.7% decrease in net profit for the January–March quarter, but exceeded Bloomberg’s estimate. Revenue slightly increased, and the company plans to launch 26 new models by FY30 to regain momentum. While domestic sales declined and exports were stable, HMIL’s market share decreased.
