Tata Power EZ Charge took the spotlight at the Bharat Mobility Global Expo 2025, presenting its extensive infrastructure network and diverse offerings tailored to various customer segments.

At the event, Tata Power EZ Charge reinforced its commitment to seamless EV adoption in India, focusing on technological innovation, green energy integration and strategic network expansion. Its expansive charging network aims to eliminate range anxiety, offering solutions across urban areas, residential societies, highways and commercial hubs, catering to passenger cars, buses, trucks, fleets and more.

A key highlight was the EZ Charge mobile app, empowering users with real-time updates to locate chargers, check availability, and manage charging sessions effortlessly. Complementing this, the company introduced RFID-enabled cards, allowing EV owners—regardless of brand—to charge at Tata Power outlets without relying on the app.

The exhibit also featured cutting-edge solar-powered chargers and advanced solutions incorporating renewable energy. Prototypes of these chargers, alongside fast-charging systems and AI-driven monitoring technologies, showcased Tata Power’s leadership in EV charging innovation.

Tata Power’s EV charging network now comprises over 5,500 public chargers across 550 cities and towns, complemented by over 120,000+ home chargers and 1,100 bus charging points. Strategically placed infrastructure along more than 550 national highways connects key routes such as Delhi–Chandigarh, Bengaluru–Chennai, Mumbai–Goa, and Guwahati–Shillong, enabling long-distance EV travel. This network has already facilitated over 165 million green kilometres, advancing India’s clean energy transition.

Sustainability is at the core of Tata Power’s operations. With over 1,000 green energy-powered chargers including solar-integrated solutions, the company is reducing dependence on conventional energy sources and reinforcing its commitment to eco-friendly transportation.

Collaboration with leading OEMs, including Tata Motors and Jaguar Land Rover, has enabled the deployment of 5,500 public and semi-public chargers, ensuring compatibility with a wide range of EV models. Tata Power’s state-of-the-art Network Operations Centre (NOC) in Mumbai oversees the network in real-time, ensuring reliable performance and rapid issue resolution.

Looking ahead, Tata Power aims to install high-speed chargers along key highways over the next five years, prioritising accessibility in metropolitan areas, rural regions, and high-traffic tourist destinations. This growth aligns with the Indian government’s vision for sustainable transportation and initiatives like EV30@30 and the National Electric Mobility Mission Plan.

Through its robust infrastructure, renewable energy integration, and focus on innovation, Tata Power EZ Charge is driving India’s e-mobility revolution, paving the way for a cleaner, greener, and more accessible future.

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Tier 1 supplier Lumax Auto Technologies has announced its financial results for Q1 FY2026, showcasing significant growth in revenue and profit. The company reported consolidated revenue of INR 10.26 billion for Q1 FY26, up 36 percent from INR 7.56 billion last year.

This growth was supported by strong performance across its various business segments. The standalone OEM business saw a 5 percent increase in revenue, while the aftermarket segment experienced a 16 percent surge compared to the previous year. The company's subsidiaries (excluding the recently acquired Greenfuel) also contributed significantly, with a 36 percent YoY growth. Including Greenfuel, the growth for the subsidiaries was even more impressive at 59 percent for the quarter.

Lumax Auto Technologies' profitability also saw a healthy increase, with consolidated profit after tax (PAT) jumping 30 percent to INR 540 million in Q1 FY26, up from INR 420 million in the same period last year.

Anmol Jain, Managing Director, Lumax Auto Technologies, said, "We have kicked off the FY2026 with a steady performance both in revenue and profitability which is in line with our internal operating budgets. There have been certain price corrections from customers which has not been realised because of which the margins have seen a slight dip from Q1 of FY25. These corrections have been subsequently received in the current month. In Q2, we should be able to see this gain based upon the spill over from Q1 & in H1, the EBITDA margins will be in alignment with the strategic direction for the current year which is between 14 percent to 15 percent."

The company also highlighted key strategic initiatives during the quarter, including the full acquisition of IAC India, which strengthens its position in the EV interior space. Additionally, the Board of Directors approved the establishment of a branch office in China to explore new business opportunities and the setting up of a new Technology Centre in Bengaluru.

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Tier 1 automotive supplier Tata AutoComp Systems, through its British subsidiary Artifex Interior Systems (Artifex), has signed a conditional agreement to acquire 100 percent stake in IAC Group (Slovakia).

The move is part of Tata AutoComp’s strategy to further strengthen its capabilities and expand its presence in the UK and EU markets. 

Arvind Goel, Vice-Chairman, Tata AutoComp, said, “The acquisition of IAC Slovakia will mark a significant milestone in Tata AutoComp’s global growth journey. Following our earlier acquisition of Artifex, this step strengthens our European presence and reflects our commitment to serving global OEMs more effectively. IAC Slovakia’s strong operational excellence, skilled workforce, and strategic location will enhance our ability to deliver high-quality interior systems. This move supports our vision to be a trusted and value-driven partner in the global automotive supplychain.”

Manoj Kolhatkar, MD & CEO, Tata AutoComp, said, “We see strong synergy between IAC Slovakia’s capabilities and our existing European operations, which will enable faster integration and value delivery to OEM customers.”

Alan Fennelly, Chief Executive Officer, Artifex, said, “We are excited to welcome IAC Slovakia into the Artifex family. This expansion is a pivotal step in our journey to become the valued partner of choice. It strengthens our expertise in automotive interior systems, expands our capabilities, and opens the door to new partnerships and broader markets. I’m excited about what we’ll achieve together.”

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Tier 1 supplier Uno Minda has reported a robust INR 44.89 billion in revenue in Q1 FY2026, up 18 percent YoY, as compared to INR 38.18 billion last year.

The EBITDA came at INR 5.43 billion with a margin of 12.1 percent, as against INR 4.08 billion and a margin of 10.7 percent for the same period last year. The net profit grew by 46 percent at INR 2.91 billion.

Ravi Mehra, Managing Director, Uno Minda Group, said, “The automotive industry is undergoing a seismic transformation – driven by electrification, digitalisation, safety and premiumisation. At Uno Minda, we have embraced this change with agility and vision, positioning ourselves as a key enabler of next-generation mobility solutions. Our performance in Q1 FY26 reflects not only strong execution but also the growing relevance of our innovation-led portfolio across emerging technologies. We continue to invest in future-ready capacities, strategic partnerships, and R&D capabilities across India and overseas to deepen our technology leadership and enhance our value proposition to customers. We are confident that our continued emphasis on technology, quality, and customer-centricity will shape Uno Minda’s next phase of sustainable and inclusive growth.”

Sunil Bohra, CFO, Uno Minda Group, said, “We are pleased to report a strong start to FY26 with robust top-line and bottom-line performance across key product segments. The 18% year-on-year revenue growth reflects the strength of our diversified portfolio, deep customer relationships, and our continued ability to outperform the industry. Our strategic investments in emerging technologies like EV components, ADAS, sensors, and advanced electronics are beginning to yield tangible results, further strengthening our position as a future-ready automotive solutions provider. As we move forward, we remain committed to disciplined capital allocation, margin stability, and accelerating localisation efforts to create long-term value for all stakeholders.”

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Bharat Forge, a leading engineering and manufacturing company in India, has announced its financial results for Q1 FY2026, which saw its revenue at INR 21.05 billion. The net profit came at INR 3.39 billion, EBITDA at INR 6.82 billion with a margin of 17.5 percent.  

The company attributed that it maintained a healthy financial performance despite challenging export market conditions, but resilient performance driven by strong domestic demand and strategic order wins.

During the quarter, Bharat Forge secured new orders worth INR 8.47 billion, which includes INR 2.69 billion from Defence business.

Baba Kalyani, Chairman and MD, Bharat Forge, said, “During the quarter, the company secured new orders worth Rs 847 Crores including INR 2.69 billion in Defence. As of Q1FY26, the defence order book stood at INR 94.63 billion. For the defence vertical, based on the project / platforms we have participated in, we expect to secure new orders in this fiscal year generating more revenue visibility for the future years.

The US & European operations witnessed meaningful improvement in financial performance in the Apr – Jun quarter and are generating cash profit. Review of the European steel manufacturing footprint is on track, and we expect to have concrete steps in place by the end of this year. Given the recent tariff announcement by the US government and changes to emission regulation in North America, we are cautious on the outlook for the US export business for the reminder of the fiscal. FY26 is likely to be a challenging period, given where we are in the overall cycle and our geographical exposure. Our focus is on capturing opportunities in businesses & geographies which are relatively unaffected and work simultaneously on cost optimization to minimize impact of operating deleverage.”

The company stated that despite headwinds from tariff and regulatory uncertainties in key export markets, it continues to strengthen its position through targeted diversification and operational efficiency.

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