Mumbai-headquartered automotive major Mahindra & Mahindra has announced its financial results for Q2 FY2025.

The company reported revenue of INR 379 billion, up 10 percent YoY, as against INR 344 billion last year. The net profit came at INR 31.71 billion, up 35 percent YoY, as against INR 23.48 billion a year ago.

During the period, the company witnessed its highest-ever quarterly automotive sales at 231,000 units, up 9 percent; highest SUV sales at 136,000 units. It also enhanced its monthly SUV production to 54,000 units, up 10 percent compared to end-FY2024. The automotive business reported revenue of INR  217 billion, up 15 percent YoY, and net profit at INR 14.2 billion, up 40 percent YoY respectively.

Dr. Anish Shah, Managing Director & CEO, Mahindra & Mahindra, said, “Our businesses have delivered a solid operating performance this quarter. Auto and Farm continued to strengthen market leadership by gaining market share and expanding margins. MMFSL GS3 remained under 4 percent (at 3.8 percent) and end losses have improved structurally. TechM delivered a good quarter and the long-term focus remains on reverting to past profitability. Our growth gems are progressing well on the 5x challenge.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), Mahindra & Mahindra said, “In Q2 FY2025, we gained market share across both our Auto and Tractor businesses. SUV volumes increased by 18 percent YoY, maintaining leadership in revenue market share, with an increase of 190 bps YoY on the back of two successful launches. Volume market share for LCVs < 3.5T stands at 52.3 percent, a rise of 260 bps YoY. The auto standalone PBIT margin was 9.5 percent, a gain of 140 bps YoY (excl. PY gain on LMM transfer). In our tractor business, we achieved our highest-ever Q2 market share at 42.5 percent, with standalone margins up by 150 bps YoY.”

Amarjyoti Barua, Group CFO, Mahindra & Mahindra, said, “While the Auto and Farm segments continue to deliver the strong performance we have come to expect of them, this quarter also reflected the strength of our Services portfolio. This has been the trend through H1 FY2025 and we expect it to continue for the rest of the year in line with our strategy.”

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French automaker Renault India, a wholly owned subsidiary of Renault Group, has reported its wholesales for July 2026.

The company sold 3,293 units last month, up 27.9 percent YoY, as compared to 2,575 units for the same period last year.

With this, Renault India has now registered double-digit YoY growth for the 11^th consecutive month. The company attributed the growth to the demand witnessed across its product portfolio and broadly aligned with the overall industry.

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Kia India recorded wholesale dispatches of 28,200 units in July 2026, marking a 27.4 percent increase compared to 22,135 units sold last year.

Interestingly, last month the automaker clocked its highest July wholesale volume since commencing operations in India.

The company attributed the sales performance to the Seltos and Sonet SUVs. The Seltos has maintained monthly dispatch averages above 10,000 units since January, with year-to-date growth standing at 75.7 percent. On the other hand, Sonet saw its sales rise 34.5 percent for YTD CY2026.

Atul Sood, Senior Vice-President – Sales & Marketing, Kia India, said, “Our best-ever July wholesale performance reflects the continued trust of our customers and the strong acceptance of Kia's diverse product portfolio. Building on our record H1 performance, we have maintained healthy momentum across key segments. Led by the strong performance of the Seltos and Sonet, we have seen healthy demand across Carens Clavis and MY26 Syros. Meanwhile, the Carens Clavis EV continues to strengthen our presence in the electric mobility space. We are delighted by the customer response to the newly launched Syros EV. Its segment-leading range, advanced technology, industry-leading ownership benefits and expanding EV ecosystem reflect our commitment to delivering practical and future-ready mobility solutions for Indian customers. We remain focused on strengthening our product portfolio and enhancing the ownership experience as we continue our growth journey.”

In the electric vehicle segment, Kia India recently introduced the Syros EV, featuring an ARAI-certified range of 526 km, 171 PS power output, Level 2 autonomous driver assistance systems with 16 functions and a 39-minute fast-charging capability from 10 to 80 percent. The model joins the Carens Clavis EV in Kia's electric lineup.

At present, the company operates a retail and service network comprising 905 touchpoints across 412 cities in India, supported by 135 Certified Pre-Owned vehicle outlets.

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Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced its wholesale sales of 8,284 units for July 2026, up 10 percent YoY, as compared to 7,524 units sold last year.

In the domestic market, the company sold 6,014 units, up 48 percent YoY, as compared to 4,050 units last year. Exports came at 2,270 units, a decline of 35 percent YoY, as compared to 3,473 units.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “Our sales performance with over 48 percent growth in domestic sales in July’ 26 reflects the positive momentum we are building across our portfolio. The encouraging response to the recently introduced new City and the launch of the Honda ZR-V has further strengthened customer interest in the brand, while Honda Elevate and Honda Amaze continue to deliver robust sales backed by their strong value proposition and customer trust. With the onset of the festive season, we are confident that our strengthened portfolio and customer-focused initiatives will help us sustain this momentum in the months ahead.”

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has reported its wholesales for July 2026, selling 241,421 units, marking a 34 percent YoY growth, as compared to 180,526 units sold last year.

In the domestic market, the company sold 196,203 passenger vehicles, up 42 percent YoY, as compared to 137,776 units last year. Commercial vehicle sales came at 3,920 units, as compared to 2,794 units.

Sales to other OEMs (Toyota Kirloskar Motor) came at 11,242 units, up 37 percent YoY, as compared to 8,211 units.

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