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HYUNDAI Hyundai Motor India News Story

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Hyundai Motor India beats quarterly profit view on higher exports

Oct 30 (Reuters) - Hyundai Motor India HYUN.NS reported a second-quarter profit above estimates on Thursday, as strong overseas demand for its vehicles helped overcome a decline in domestic car sales.

The Indian unit of South Korea's Hyundai Motor 005380.KS reported a 14.3% climb in consolidated profit to 15.72 billion rupees (nearly $179 million) for the quarter ended September 30, beating analysts' estimates of 14.95 billion rupees, per data compiled by LSEG.

($1 = 87.8950 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru; Editing by Harikrishnan Nair)

 ((kashish.tandon@thomsonreuters.com; Mobile: +91 8800437922))

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