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

Hyundai Motor India, the country’s second-biggest carmaker by market share, reported a 16.5% decline in quarterly profit due to lower domestic sales and exports, its first earnings report since listing showed on Tuesday.

Hyundai Motor’s Q3 operating profit falls 7%; misses analysts’ estimates

The ‘Creta’ SUV manufacturer said its standalone profit dropped to 13.38 billion rupees ($158.6 million) in the second quarter ended Sept. 30, from 16.02 billion rupees in the year earlier period.