Hyundai Motor India, one of the leading passenger vehicles manufacturers in the country, has announced its financial results for FY2025.

The company reported revenue of INR 691 billion for FY2025, which was flat as compared to INR 698 billion last year. The EBITDA came at INR 89.53 billion, down 2 percent as compared to INR 91.32 billion last year. The profit after tax  came at INR 56 billion, down 7 percent YoY.

For Q4 FY2025, the revenue grew by 2 percent at INR 179 billion, as against INR 176 billion last year. The EBITDA was flat at INR 25.32 billion, as compared to INR 25.21 billion for the same period last year, while EBITDA came at 14.1 percent and net profit at INR 16.14 billion, down 4 percent YoY.

The company stated that despite a turbulent market situation, it was able to sustain growth with SUVs now contributing almost 68.5 percent of its total sales across urban and rural markets. The Hyundai Creta continued to hold over 30 percent market share in the mid-size segment.

Unsoo Kim, Managing Director, Hyundai Motor India, said, “FY2025 business performance demonstrates our ability to navigate the tides by responding quickly to the ever-changing customer aspirations. Launch of products like Creta Electric and Alcazar FL along with seamless product refreshments across segments helped us in maintaining our competitive edge. Hyundai’s strong brand presence in key global emerging markets enabled us to endure headwinds and sustain export volumes during the year. The year gone by signifies our resilience in the financial performance by way of sustained revenues and healthy operating margins attributable to improved realisation and cost control measures.”

Amidst macroeconomic headwinds, the automaker stated its domestic strategy centered around premiumisation and the surging popularity of SUVs. The company’s focus on advanced safety and comfort features, like ADAS and sunroofs, is part of its ongoing effort to meet evolving consumer aspirations.

On the exports front, Kim stated that “We aspire to become Hyundai’s largest export hub outside South Korea. For FY2026, we anticipate the growth in export volumes to be around 7 to 8 percent, supported by robust demand for our products in the emerging markets.”

As part of its long-term strategy, Hyundai Motor India is investing in expanding manufacturing capacity and preparing for the future of mobility. “FY2026 will mark a significant milestone in our growth journey, with the commencement of our third plant at Talegaon. Designed with flexibility at its core, the facility will be capable of producing both internal combustion engine (ICE) and electric vehicles, enabling us to respond dynamically to market demand.”

“We also intend to deepen our localized supplier network by adopting an indigenisation strategy at the Pune plant, further reinforcing our ‘Make in India’ vision,” said Kim.

The company has also outlined an aggressive roadmap with 26 product launches planned by FY2030 – including 20 ICE, 6 EVs and new hybrid technologies.

On the other hand, he mentioned a cautious, optimistic outlook for domestic demand in near term amid prevailing macro-turbulences and weakening customer sentiments.

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Tata Motors Passenger Vehicles, has reported its best-ever annual performance in FY2026 with wholesales of 641,587 units, up 15 percent YoY. This includes 631,387 units in the domestic market, up 14 percent, while exports came at 10,200 units, up 281 percent YoY.

For March 2026, the company’s sales came at 66,192 units, up 28 percent, while exports came at 779 units, up 204 percent YoY.

Interestingly, electric vehicles recorded its highest-ever quarterly sales of approximately 27,000 units, a 69 percent increase YoY. Annual EV volumes reached 92,120 units. On the other hand, sales of CNG vehicles crossed 170,000 units, up 24 percent YoY.

The Nexon and Punch models were the top-selling SUV models in the second half of the financial year. Recent launches, including the Sierra, a refreshed Punch and petrol variants of the Harrier and Safari, also saw continued customer traction.

The company expects the passenger vehicle industry to reach record annual volumes of approximately 4.7 million units, reflecting an 8 percent growth. Tata Motors emerged as the second-ranked player in the industry based on Vahan registrations during the second half of FY2026.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “PV industry sales are expected to reach record volumes of around 4.7 million units for the year, reflecting 8 percent year on year (YoY) growth. The industry witnessed a strong rebound in the second half, posting double digit growth, supported by GST 2.0 implementation and a robust festive season. For Tata Motors Passenger Vehicles, FY26 has been a landmark year marked by multiple milestones. We achieved our highest ever annual sales volumes of over 640,000 units, delivering industry beating growth of 15 percent YoY and ended it with strong positive momentum. Looking ahead, industry momentum is expected to sustain, led by growth in SUVs, CNG and EV. At the same time, the industry will need to closely monitor geopolitical developments to mitigate potential supply-side risks.”

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Honda Cars India (HCIL), a leading manufacturer of passenger vehicles, has recorded domestic sales of 7,585 units in March 2026, up 5 percent YoY, as compared to the 7,228 units sold last year. The company also reported exports of 2,451 units for the month.

The sales growth was supported by demand for the Amaze and Elevate models. Honda Cars India intends to expand its vehicle lineup in the upcoming financial year, with the launch of its first battery electric vehicle (BEV) scheduled for the second half of the year.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “Demand for all Honda models specially Amaze and Elevate continues to be strong with exciting promotions and product offerings which helped us achieve 5 percent growth during Mar 2026. We are excited to enter the new fiscal with plans to expand our lineup, including the launch of our first BEV in the second half. We remain highly optimistic that our strong focus on customer satisfaction will continue to drive growth and sustain positive momentum.”

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Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has recorded its best-ever monthly sale in March 2026, its highest in the last five years.

The company sold a total of 10,388 units in March 2026, which includes 4,408 units in the domestic market, while exports came at 5,980 units. This marks a 98 percent growth in domestic wholesales compared to February 2026.

The company attributed the smart uptick on the back of beginning of customer deliveries for the Nissan Gravite MPV, while the Nissan Magnite maintained its sales momentum. The expansion of its network presence also supported increasing customer traction.

The start of Gravite deliveries is identified as a milestone in the company’s growth phase in India. Nissan intends to sustain this trajectory by strengthening sales and service experiences and further expanding its network footprint across the country.

Saurabh Vatsa, Managing Director, Nissan Motor India, said, “March has been a defining month for Nissan in India, the strong growth in domestic sales reflects the positive customer response to our product portfolio. With the commencement of customer deliveries of the all-new Nissan GRAVITE, we would like to thank our customers for their love and appreciation for the Nissan Brand. The over-whelming response to the product reinforces our confidence in the opportunities ahead. Together with the continued momentum of the Nissan Magnite, the dedication of our Network Partners and support of Nissan Finance & other Banking partners, we remain focused on strengthening our Sales & Service experience, while further expanding our network footprint for sustaining long-term growth in the Indian market.”

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  - Bidyut Ghosh April 02, 2026 11:35 AM

  This is excellent move from Nissan India

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Toyota Kirloskar Motor (TKM) reports 20 percent uptick in its wholesales for FY2026 with 406,081 units sold, as compared to 337,148 units last year.

The company recorded growth across both domestic and export markets during the financial year. Domestic sales rose by 19 percent to 367,107 units, while exports grew by 41 percent to 38,974 units.

In March 2026, Toyota Kirloskar Motor reported a 24 percent increase in total sales, with 37,194 units sold compared to 30,043 units a year ago.

The company attributes a robust demand for its product portfolio, which was supported by the introduction of the Land Cruiser 300, as well as new grades and special editions for the Innova Hycross, Fortuner, Camry Hybrid and Hilux. Technical updates included a new six-speed automatic transmission for the Urban Cruiser Hyryder AWD variant.

The company also standardised six airbags across the Rumion, Glanza, Urban Cruiser Taisor, and Urban Cruiser Hyryder models. The Innova Hycross achieved a five-star Bharat NCAP rating during this period.

Toyota Kirloskar Motor expanded its market reach through customer-centric initiatives and brand engagement activities, including the Toyota Experiential Museum (TEM) and a tour by brand ambassadors Drum Tao. These efforts were intended to increase reach among younger audiences and reinforce the brand's mobility positioning.

Sabari Manohar, Executive Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We delivered a positive performance this financial year, driven by sustained demand across our SUV, MPV and compact segments. The introduction of new products and customer centric initiatives during the year further helped position Toyota as a dynamic, technology driven and youth‑oriented brand. This momentum reflects the continued trust in Toyota’s quality, reliability and overall ownership experience. In a rapidly evolving market, such consistency underscores the strength of our fundamentals and positions us well for long‑term sustainable growth. We sincerely thank our customers, dealer partner, Government and other stakeholders for their trust & unwavering support. We remain focused on strengthening our product and technology offerings in line with our multi‑pathway approach of hybrid & electrified vehicle technologies in the mobility space. Looking ahead, we remain committed to creating long‑term value while continuously improving every touchpoint across the customer ownership journey.”

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