Hyundai Motor India posts highest PAT in 4 years at Rs 2,861.77 cr in FY22

Hyundai Motor India Ltd recorded a 55 per cent rise in its profit after tax at Rs 2,861.77 crore in the fiscal ended March 31, 2022, its highest in four years, according to financial data accessed by business intelligence platform Tofler. The company, which is an unlisted entity, had posted a profit after tax (PAT) of Rs 1,847.16 crore in 2020-21, down from Rs 2,355 crore that it had recorded in 2019-20. The previous highest PAT of Hyundai Motor India Ltd (HMIL) was at Rs 2,581.73 crore in 2018-19. In the fiscal ended March 31, 2018 the company had posted a PAT of Rs 2,124.17 crore, according to the data by Tofler. In terms of operating revenue, it was also the highest in four years at Rs 47,042.79 crore in FY22, as compared to Rs 40,674.01 crore in FY21. The Indian arm of South Korean auto major had posted an operating revenue of Rs 42,978.63 crore in the fiscal ended March 31, 2020. In 2018-19, the company registered its highest operating revenue at Rs 43,258.09 crore. For the

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