HD Hyundai Electric reports Q1 net profit up 224.3% to $67.8 million
HD Hyundai Electric on Tuesday reported its first-quarter net profit of 93.4 billion won ($67.8 million), up 224.3 percent from a year earlier.
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HD Hyundai Electric on Tuesday reported its first-quarter net profit of 93.4 billion won ($67.8 million), up 224.3 percent from a year earlier.
Capital gains tax, Chinese stimulus could change the narrative for Indian equities. He says the rally in the first quarter of FY25 could be led by banks, IT and metals.
The surge in profits came even as CarTrade’s revenues increased marginally by about 5 percent to Rs 86.1 crore in the June quarter from Rs 82.7 crore in the same period last year.
The total operating income rose 40 percent to Sh13.9 billion compared to a similar period last year.
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