Below Rs 10 Lakh Car Segment Is Crucial Says Hyundai India's Tarun Garg

Hyundai Motor India (HMIL), recently listed on Indian stock exchanges, reported a 15.5 per cent decline in profit after tax (PAT) for the second quarter (Q2) of 2024-25 (FY25), primarily due to weak market sentiment and geopolitical factors. Revenue from operations fell 7.5 per cent year-on-year (Y-o-Y) to Rs 17,260 crore in Q2FY25. BTTV's Chetan Bhutani spoke with Tarun Garg of Hyundai India and asked him about the company's performance, Creta EV and demand for below Rs 10 lakh Cars.