HYUNDAINSEHyundai Motor India LimitedHighNeutral
Announced Wed, 30 Jul · 14:45 IST

Hyundai Motor India Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

HYUNDAI · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hyundai Motor India's board met on July 30, 2025 and approved Q1 FY26 (quarter ended June 30, 2025) unaudited financial results. Standalone revenue from operations came in at ₹160,249 million, down from ₹169,742 million in the same quarter last year, while standalone profit after tax was ₹13,358 million (vs ₹14,478 million YoY) and EPS stood at ₹16.44. The company fixed August 5, 2025 as the record date for the previously declared final dividend of ₹21 per equity share. It also appointed BP & Associates as the new Secretarial Auditor for a 5-year term (FY26 to FY30) and re-appointed M/s. Geeyes & Co. as Cost Auditor for FY26. The statutory auditor, B S R & Co. LLP, issued an unmodified limited review report on the Q1 results.

Likely market impact

The Q1 numbers show a modest year-on-year decline in both revenue and profit, but the auditor changes are routine re-appointments and a new statutory-style appointment (Secretarial Auditor) with no indication of governance red flags, so this is unlikely to move the stock sharply on its own. Shareholders should note the ₹21 final dividend record date of August 5, 2025 for eligibility.