Hyundai Motor India beats quarterly profit view
08/05/2026 10:55
May 8 (Reuters) - Hyundai Motor India HYUN.NS reported a smaller-than-expected fourth-quarter profit drop on Friday, aided by strong domestic and overseas demand for its high-margin sports utility vehicles. The unit of South Korea's Hyundai Motor 005380.KS reported a consolidated profit of 12.56 billion rupees ($132.96 million)for the quarter ended March 31, from 16.14 billion rupees a year before. Analysts, on average, had expected profit to fall to 12.37 billion rupees, per data compiled by LSEG. ($1 = 94.4625 Indian rupees) (Reporting by Kashish Tandon in Bengaluru; Editing by Nivedita Bhattacharjee) ((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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