Hyundai Motor India's Q2 profit drops 17% as sales decline

Hyundai Motor India reported a 16.5% decrease in quarterly profits, marking its first earnings report since going public. The decline was attributed to reduced domestic sales and exports. The company's overall sales volume, including exports, experienced a 9% drop, resulting in a 7.5% decline in revenue, reaching 169.61 billion rupees.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NF7CEpH