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Time of India
16-05-2025
- Automotive
- Time of India
Hyundai India's FY25 net profit drops 7% to ₹5,640 crore
Hyundai Motor India Limited (HMIL) has reported a 7 per cent year-on-year fall in its profit after tax in FY25 at ₹5,640 crore as against ₹6,060 crore in the year-ago period. In the fourth quarter (Q4) of FY24, the carmaker registered a 3.7 per cent decline in its consolidated net profit at ₹1,614 crore, compared to ₹1,677 crore reported in the corresponding period of previous fiscal.. . However, on a quarter-on-quarter basis, it registered a jump of 39 per cent in its PAT. The company said it has reported its highest-ever domestic SUV contribution at 68.5 per cent. The CRETA retained its lead in the midsize SUV segment with a market share of over 30 per cent. Its domestic sales stood at 599,000 units, while export volumes were reported at 163,000 units. HMIL launched the Creta Electric during the year, marking the company's entry into the electric vehicle segment. The brand also completed 25 years of exports, with continued presence in key emerging markets. The Board of Directors has recommended a dividend of ₹21 per share (210 per cent on face value of ₹10 per share), subject to shareholder approval. Future plans and launch pipeline Unsoo Kim , MD, Hyundai Motor India, said, 'FY25 business performance demonstrates our ability to navigate the tides by responding quickly to the ever-changing customer aspirations. Launch of products like Creta Electric and Alcazar FL along with seamless product refreshments across segments helped us in maintaining our competitive edge." "Looking ahead, we remain cautiously optimistic on the domestic demand outlook in the near-term amid prevailing macro-turbulences and weakening customer sentiments. While we expect our FY26 domestic growth to be broadly in line with Industry estimates of low-single digit, we are aiming for 7-8 per cent volume growth in exports by improved focus and leveraging our strong brand equity and legacy in the key emerging markets," Kim further added. In Q4, exports grew 14 per cent despite the global headwinds. The company has planned an aggressive launch pipeline of 26 products (including refreshments) by FY30, comprising 20 ICE and 6 EVs, besides the launch of new eco-friendly powertrains like Hybrids.
Economic Times
06-05-2025
- Automotive
- Economic Times
In 29 years of existence, Hyundai invested $6 billion scaling up operations in India
ANI In 29 years of existence, Hyundai invested $6 billion scaling up operations in India Hyundai Motor India has invested USD 6 billion towards scaling up operations in India, as the South Korean multinational automaker completed 29 years of its presence here in the third largest automobile Motor India Limited (HMIL) celebrated its 29th foundation day on Tuesday, as per a statement from the automaker. Established on May 06, 1996, it has successfully emerged as one of India's most trusted automotive brands. As HMIL enters the 30th year of its journey in India, the automaker pledges that it will continue its unwavering dedication to excellence, innovation and Kim, Managing Director, Hyundai Motor India Limited, in the statement, said, "Envisioning India at the heart of global manufacturing and commerce, Hyundai began its journey with the country 29 years ago with a vision of mutual progress." "Today, we take immense pride in how far we have come - not just providing smart mobility solutions, but a future that reflects innovation, sustainability and a deep connection with our customers. Guided by our global vision of 'Progress for Humanity,' HMIL will continue to drive transformation in products and services, while contributing meaningfully to the society." Hyundai began its India journey with the groundbreaking of its state-of-the-art manufacturing facility in Sriperumbudur, Tamil Nadu. Since then, this facility has emerged as the hub of manufacturing excellence. Operations at the manufacturing facility began in September 1998 with the commissioning of Hyundai's first integrated car manufacturing plant outside of the Republic of SANTRO, to CRETA, to IONIQ 5, to the recent IPO - Hyundai Motor India's growth story is intertwined with the journey of India. Hyundai is today a household brand. To meet growing demand and position itself as a manufacturing hub, HMIL aims to achieve cumulative annual production capacity of 1 million units by operationalizing its state-of-the-art Talegaon manufacturing facility. HMIL is geared up to commence operations at its new manufacturing facility in Talegaon, Maharashtra, in fourth quarter of calendar year 2025, the statement noted. With over 3.7 million vehicles exported by far to over 150 countries, Hyundai has hugely contributed to the 'Make in India, Made for the World' endeavour: It reached 0.5 million unit exports in 2008, 1 million in 2010; 2 million in 2014; 3 million in 2020; 3.7 million in 2025. HMIL continues to stand among the top three global contributors to Hyundai Motor Company's sales, accounting for 18.5 per cent of its global volumes in 2024.
The Print
02-05-2025
- Automotive
- The Print
Hyundai CRETA continues to dominate the Indian car market for the second Month
According to Hyundai, setting new benchmarks for the SUV segment in the country, CRETA also maintained its leadership as India's best-selling SUV from January – April 2025, with a cumulative sale of 69,914 units. Gurugram (Haryana) [India], May 2 (ANI): Hyundai Motor India Limited (HMIL) announced that Hyundai CRETA recorded 17,016 unit sales in April 2025, with a year-on-year growth of 10.2 per cent (compared to April 2024). CRETA has again emerged as the highest-selling model in the Indian Automobile industry for the second consecutive month. The milestones underscore the unwavering trust and confidence the customers have bestowed on the brand CRETA. This superlative performance of CRETA has helped the SUV contribute to HMIL's domestic sales, reaching an all-time high of 70.9 per cent in April 2025. This underscores the growing consumer preference for Hyundai's SUV lineup, led by CRETA and well supported by other models like Venue, Exter, Alcazar, etc. Commenting on the milestone, Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, said, 'Hyundai CRETA's continued dominance in the Indian market is a reflection of the trust and love that Indian customers have placed in the brand.' He added, 'Being the best-selling car across all segments for two months in a row and the top-selling SUV in the industry for the first four months of 2025 cumulatively is a proud achievement for all of us at HMIL' Since its launch, CRETA has redefined the SUV landscape with its bold design, advanced technology and superior driving dynamics. Moreover, with a strong focus on safety, comfort, and connectivity, CRETA remains the preferred choice for new-age aspirational customers who seek performance without compromise. With over a decade of presence and over 1.2 million customers, the Hyundai CRETA has established itself as a desired SUV in India. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
Hans India
02-05-2025
- Automotive
- Hans India
The Undisputed, Ultimate Hyundai CRETA becomes the Highest Selling Model in India in April 2025 for the Second Consecutive Month
Hyundai Motor India Limited (HMIL), India's leading premium smart mobility solutions provider is pleased to announce that Hyundai CRETA has once again emerged as the highest-selling model in the Indian Automobile industry for the second consecutive month. Hyundai CRETA recorded 17,016 unit sales in April 2025, with a year-on-year growth of 10.2% (compared to April 2024). Setting new benchmarks for the SUV segment in the country, the Hyundai CRETA also maintained its leadership as India's best-selling SUV from January – April 2025, with a cumulative sale of 69,914 units. The milestones underscore the unwavering trust and confidence that the customers have bestowed on brand CRETA. This superlative performance of CRETA has helped SUV contribution to HMIL's domestic sales to all time high of 70.9% in April 2025. This underscores the growing consumer preference for Hyundai's SUV lineup, led by CRETA and well supported by other models like Venue, Exter, Alcazar and many more. Commenting on the milestone, Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, said: 'Hyundai CRETA's continued dominance in the Indian market is a reflection of the trust and love that Indian customers have placed in the brand. Being the best-selling car across all segments for two months in a row and the top-selling SUV in the industry for the first four months of 2025 cumulatively is a proud achievement for all of us at HMIL. Hyundai CRETA represents our unrelenting pursuit of excellence, offering customers a perfect blend of style, safety, innovation and performance. The addition of the electric powertrain has further strengthened the brand CRETA and it is now not just a leader in the SUV segment, but also a key enabler in India's electric mobility journey'. Since it's launch, CRETA has redefined the SUV landscape with its bold design, advanced technology and superior driving dynamics. Moreover, with a strong focus on safety, comfort and connectivity, CRETA remains the preferred choice for the new-age aspirational customers, who seek performance without compromise. With over a decade of presence and more than 1.2 million happy customers, the Hyundai CRETA has established itself as a desired SUV in India. The CRETA brand continues to grow stronger every day and the success story reflects HMIL's vision of shaping the future of mobility in our country. Committed to its customer-centric approach, HMIL remains dedicated to delivering world-class mobility solutions that enhance convenience and elevate driving experiences.
India.com
02-05-2025
- Automotive
- India.com
Hyundai CRETA Continues as India's Best-Selling SUV in April 2025
Hyundai Motor India Limited (HMIL) has reported that the Hyundai CRETA was the highest-selling model in the Indian automobile market for the second consecutive month. In April 2025, the model registered sales of 17,016 units, reflecting a year-on-year growth of 10.2% compared to April 2024. From January to April 2025, the Hyundai CRETA also secured the position of India's top-selling SUV, with cumulative sales reaching 69,914 units. This performance has contributed significantly to HMIL's domestic SUV sales, with the SUV segment accounting for a 70.9% share of the company's total domestic sales in April 2025. Other models such as the Venue, Exter, and Alcazar also supported this growth in the SUV category. Commenting on the development, Mr. Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, noted that the sales figures reflect consistent market demand for the model. He highlighted that the addition of an electric powertrain to the CRETA lineup has expanded its market presence, aligning with the growing interest in electric vehicles within India. Since its introduction, the Hyundai CRETA has recorded over 1.2 million unit sales in the country. The model's sustained demand is attributed to its evolving features, including changes in design, technology, and powertrain options. The SUV continues to be a significant contributor to Hyundai's overall performance in India. Hyundai Motor India Limited stated that the CRETA's market position is part of the company's broader strategy to address shifting consumer preferences in the Indian automobile sector. The company has been expanding its SUV portfolio over the years and plans to continue developing vehicles equipped with a range of powertrain options, including internal combustion engines, hybrid systems, and electric variants. The CRETA's recent sales milestones indicate the sustained demand for compact and mid-size SUVs in India, reflecting wider industry trends and consumer inclinations towards versatile vehicle options in both urban and rural markets.
