HYUNDAI MOTOR INDIA Q2 : CONS NET PROFIT DOWN 23.9% AT ₹1,196.16 CR (YOY), UP 34.6% (QOQ). MIX (ON 1ST LOOK)

Revenue up 18.5% at ₹20,696.06 Cr (YOY), up 26.7% (QOQ). PBT down 23.9% at ₹1,617.83 Cr (YOY), up 34.6% (QOQ); PBT margin 7.8% v 12.2% (YOY), 7.4% (QOQ). Total expenses up 24.0% at ₹19,302.18 Cr (YOY), up 25.3% (QOQ); cost of materials consumed up 29.1% (YOY). EPS ₹14.72 v ₹19.35 (YOY). Caution: No provision recognised for end-of-life vehicle EPR obligation as pricing mechanism for certificates is not yet notified.

Hyundai Motor India Limited

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