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Auto & Ancillaries
29 articles
The automotive sector is experiencing a confluence of growth and strategic shifts, underpinned by government initiatives and evolving consumer preferences. Maruti Suzuki is reinforcing consumer confidence in E20 fuel, reporting no issues across a substantial fleet of vehicles, while Mahindra & Mahindra highlighted its robust ESG performance in its latest report. Increased investment in electric mobility is evident, with Hero MotoCorp committing ₹3200 crore to establish a manufacturing and EV hub in Andhra Pradesh, and Ola Electric reporting a doubling of quarterly registrations. These developments, alongside government support for Japanese investment and strong financial results from companies like SPR Auto Technologies and CMR Green, suggest a dynamic and expanding market for auto and ancillary businesses.
Maruti Suzuki E20 Fuel Testing Shows No Issues
Multiple ministries and auto experts held a press conference to reassure consumers about E20 ethanol-blended petrol's safety and performance.
Maruti Suzuki reported no E20-related corrosion or damage
Mahindra & Mahindra FY26 Business Responsibility Sustainability Report
Mahindra & Mahindra submitted its mandatory BRSR for FY 2025-26, detailing ESG performance across 9 NGRBC principles with reasonable assurance from DNV.
Key disclosures include 19.77% renewable energy
CMR Green Q4 FY26 Net Profit Up 47% YoY
CMR Green reported FY26 consolidated revenue of ₹8,640 crore, up 30% YoY, with PAT at ₹228 crore, a 47.3% increase.
The company's installed capacity is 6.15 lakh MTPA, with plans to expand to 7 lakh M
SPR Auto Technologies Reports Strong FY26 Results with Major Acquisitions
SPR Auto Technologies reported consolidated revenue of ₹44,587 million, up 25.6% YoY, and net profit of ₹5,614 million, up 8.88% YoY for FY26.
The company completed €159 million acquisition of Grupo A
Modi Announces Japan Business Week at India-Japan Forum
PM Modi announced a PMO-led Japan Business Week for direct engagement with Japanese investors to address concerns and facilitate greater investment.
India recorded 7.7% GDP growth last year and has be
Maruti Suzuki Kharkhoda Plant Inaugurated with 0.5M Capacity
Maruti Suzuki inaugurated its Kharkhoda vehicle manufacturing facility with an initial capacity of 0.5 million units.
The facility will scale to 1 million units with a total investment of INR 35,000 c
JLR Q1 Wholesale Down 9.2% YoY
JLR Q1 FY27 wholesale volumes were 79,300 units, a 9.2% YoY decline, impacted by supply constraints and Middle East conflict.
Retail sales fell 15.3% YoY to 80,000 units, with declines across all majo
ZF CV India FY26 Record ₹4,119 Crore Revenue, 7.5% Growth
ZF CV India reported record consolidated revenue of ₹4,118.94 crores with 7.52% YoY growth and PAT crossing ₹500 crores milestone at ₹517.15 crores.
The company launched 8 new products including e-com
SEDEMAC Q1 Control-Intensive ECU Sales Up 37%
SEDEMAC Mechatronics reports highest-ever quarterly sales of 1.11 million control-intensive ECUs in Q1 FY26-27, up 37.1% YoY.
Company achieves milestone of selling over 1 million motor controllers in
Revolt Motors Launches RVX Electric Bike at ₹1.24 Lakh
Revolt Motors launched RVX electric bike with 5.3 kW peak power and 160 km range at ₹1.24 lakh introductory price.
The bike features four riding modes, Bluetooth connectivity, and OTA updates, targeti
ASSOCHAM Conference on India Electric Mobility Hub
Union Environment Minister Bhupender Yadav addressed ASSOCHAM's national conference on building India as an electric mobility hub for Viksit Bharat 2047.
Yadav emphasized transition must focus on gree
TVS Motor Launches Callisto 110 Scooter in Jakarta
TVS Motor Company launched the new Callisto 110 scooter in Indonesia targeting the 110cc segment which comprises 50% of market sales.
The scooter features fuel efficiency improvement up to 10%, 33-lit
Hero MotoCorp Announces ₹3200 Crore Andhra Pradesh Investment
Hero MotoCorp announces ₹3200+ crore cumulative investment roadmap in Andhra Pradesh to establish manufacturing and EV hub.
Company breaks ground on ₹750+ crore Global Parts Centre in Tirupati with 1.
Hero MotoCorp Announces Rs 3200 Crore Andhra Pradesh Investment
Hero MotoCorp announces Rs 3,200+ crore cumulative investment roadmap to transform Tirupati into a manufacturing and EV hub.
Company breaks ground on second Global Parts Centre in Tirupati with over R
Ola Electric Q1 FY27 Registrations Double QoQ
Ola Electric filed a corrected regulatory disclosure announcing Q1 FY27 vehicle registrations of 43,719 units, nearly doubling from Q4 FY26.
June 2026 registrations reached 16,144 vehicles, marking th
CarTrade Tech FY26 PAT Up 68% to ₹244 Crores
CarTrade Tech reported FY26 PAT of ₹244 Cr, a 68% YoY increase, with 50%+ YoY EBITDA growth for 12 consecutive quarters.
The Consumer Group revenue grew 30% YoY to ₹308 Cr, driven by new AI products l
India IIP Grows 5.1% YoY in May 2026
MoSPI releases revised IIP series adopting Output PPI deflator for 234 item groups representing 36.02% of index weight.
May 2026 IIP records 5.1% YoY growth led by Manufacturing (5.5%) and Electricity
Harsha Engineers FY26 Revenue Up 15.6%, PAT Surges 73.8%
Harsha Engineers reported FY26 consolidated revenue of ₹1,626.8 crore (15.6% growth) with PAT surging 73.8% to ₹155.2 crore driven by export recovery and operational improvements.
The company commissi
TVS Motor FY26 Record 5.89M Units Sales, 30% Revenue Growth
TVS Motor achieved record annual sales of 5.89 million units with revenue of ₹47,270 crore (30.4% growth) and profit after tax of ₹3,615 crore (37% growth), solidifying its position as world's third-l
Kinetic Engineering Q4 Revenue Up 16% YoY
Kinetic Engineering reported Q4 FY26 consolidated revenue of ₹447.3 million, a 16.1% YoY increase, with an adjusted PAT of ₹11.2 million.
The company is expanding into the EV market through subsidiary
Exide Industries Reports FY26 Results, AGM Notice and ESG Performance
Exide Industries reported standalone revenue of ₹17,269 crore with 4.1% YoY growth and PAT of ₹1,111 crore, maintaining a zero-debt balance sheet and recommending a final dividend of ₹2 per share.
The
Tata Motors PV Posts Record FY26 Sales Post-Demerger
Tata Motors PV achieved record passenger vehicle sales of 641,586 units with 15.3% YoY growth and maintained EV market leadership with 92,179 units sold post-commercial vehicles demerger.
The company
FADA May'26 Auto Retail Grows 9.55% YoY
FADA reported May'26 total vehicle retail sales of 25,31,067 units, a 9.55% YoY growth, marking the best-ever May for 3W, PV, and Tractor segments.
Passenger Vehicles led growth with a 23.25% YoY incr
Tata Motors Reports Strong FY26 Results Post Demerger
Tata Motors reported robust FY26 performance with ₹83,855 crore revenue, ₹3,030 crore PAT, and recommended a final dividend of ₹4 per share following its successful demerger from passenger vehicles.
T
Triton Valves Q4 FY26 Investor Call Transcript
Triton Valves reported consolidated FY26 revenue of ₹578 Cr, up 18% YoY, with adjusted PBT nearly doubling to ₹15.5 Cr.
Management expects NCLT approval for the Climatech subsidiary merger within week
Ashok Leyland Q4 FY26 Record Revenue, Profit
Ashok Leyland reported all-time high annual CV volumes, revenue, EBITDA, and PAT for FY26, with Q4 revenue at ₹14,161 crore, up 19% YoY.
The company declared a second interim dividend of ₹2.50 per sha
Rico Auto Q4 FY26 Earnings Call Transcript
Rico Auto reported its highest-ever annual revenue of INR 2,477 crores, up 12% YoY, with a PAT of INR 52.4 crores.
Management outlined a growth strategy targeting INR 3,000+ crores revenue in FY27, dr
Kranti Industries FY26 Revenue Crosses ₹100 Crore
Kranti Industries held its Q4 FY26 earnings call, reporting consolidated revenue exceeding ₹100 crore for the first time.
Standalone PAT turned profitable at ₹2.6 crore versus a loss of ₹0.75 crore in
Tolins Tyres FY26 Revenue Up 12%, Margins Decline
Tolins Tyres reported 12% YoY revenue growth to INR 327.12 Cr for FY26, though EBITDA and PAT declined due to margin pressures.
Management cited GST anomalies, geopolitical issues, and extended dealer