Economy
Hyundai Motor India Q1 Profit Slumps 35% to ₹889 Crore

Hyundai Motor India Q1 Profit Slumps 35% to ₹889 Crore

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THE BRIEF
1

Hyundai Motor India's net profit fell 35% to ₹889 crore in Q1, impacted by production disruptions and weak export volumes.

2

The company cited headwinds from the ongoing West Asia conflict as a primary factor affecting its international supply chain and sales.

3

The board has approved leadership changes as the automaker attempts to navigate these operational constraints in the current fiscal year.