Hyundai Motor India Reports Q4 Profit Decline Amid Aggressive Expansion Plans
Hyundai Motor India Limited (HMIL) reported a 22% year-on-year decline in its fourth-quarter profit after tax (PAT), totaling ₹1,256 crore, as the automaker navigates a challenging domestic market. For the full fiscal year 2024, the company recorded a PAT of ₹5,432 crore, marking a 4% decrease compared to the previous year, despite announcing significant infrastructure…