Hyundai Motor India , the country's second-biggest carmaker by market share, reported a 16.5% decline in quarterly profit due to lower domestic sales and exports, its first earnings report since listing showed on Tuesday.

In the mid- to long-term, the company expects a sustained demand momentum in the industry and will continue to focus on quality of growth by maintaining an optimum balance between volume, market share and margins.

The company's shares fell nearly 3 per cent before recovering to trade down about 1 per cent in late afternoon trading

Hyundai Motor India reported a 16% decline in Q2 FY25 net profit to Rs 1,375.47 crore, amid sluggish domestic demand and global geopolitical challenges. Revenue fell 7.5% to Rs 17,260 crore. The company sold 1,

Hyundai Motor India's Q2 PAT declined by 16% to Rs 1,375 crore due to lower sales. The company is set to launch the Creta EV in the coming months and expects the new plant in Pune to start production in Q3 FY2026.

Standalone net profit of the Creta maker fell 16% YoY to Rs 1,338 crore even as revenue decreased 8.3% You to Rs 16,876 crore.

Hyundai Motor India share price extended its weakness after the automaker reported its Q2 results. Hyundai India share price was down for the third day in the row, with the stock losing nearly 7% in three sessions.

Hyundai Motor India Ltd, which recently completed India’s largest IPO to date, released its September quarter financial results on. The South Korean auto giant’s Indian arm reported a notable decline in profits,

The company plans to launch CRETA EV for the mass market in the coming months, says Unsoo Kim, Managing Director, HMIL.

When comparing Hyundai Motor India with Maruti Suzuki, which is its closest peer, MOFSL said while both OEMs are very close in competency and future growth potential, but it likes HMC’s technological prowess in emerging technologies .