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Wednesday, December 06, 2000

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Hyundai PAT at Rs 59.34 cr

Our Bureau

CHENNAI, Dec. 5

HYUNDAI Motor India Ltd, a wholly-owned subsidiary of Hyundai Motor Co. of Korea, has reported a profit after tax of Rs 59.34 crore on a turnover of Rs 2,313.79 crore in 1999-2000, according to a company press release.

The release said that depreciation accounted for Rs 113.61 crore and the profit before tax was Rs 67.61 crore.

In November, Hyundai Motor India sold 5,201 Santros and 1,001 Accents and exported 1,635 Santros and five Accents, taking the total sales to 7,842. -- Our Bureau

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