Hi @vinaykl,
How are you measuring the current consumption? Have you disconnected J427 and measured VDD_HV_A_MCU?
Julin_AragnM_2-1770156112033.png
I have tested the S32K344_RTI_Cycl_Wkup_S32DS_3_4_RTD_LLD_2_0 example, and I can see 2.3mA in RUN mode, and 240uA in STANDBY mode.
If you are only measuring the power supply, this measures the current consumption of whole EVB, not just consumption of the MCU. It's not so significant in run modes but it's definitely not usable for low power modes.
Also, keep in mind you need to drive/pull input pins to either VSS or VDD to avoid leakage current. It was discussed in this community post: Solved: Re: S32K324 Tristate Pins before sleep - NXP Community.
Cyclic wake-up current is explained in chapter 6.9 from the S32K3XX data sheet. Current consumption is calculated on the average during the period switching between RUN & STANDBY.
Best regards,
Julián