Maruti Suzuki India (MSIL), the largest passenger vehicle manufacturer in the country has announced its financial results for the Q2 FY2024-25.

The company reported net sales of INR 355,891 million, a flat growth, as against INR 355,351 million for the same period last year. The net profit came at INR 30,692 million, down 17.4 percent YoY, as compared to INR 37,165 million last year.

This the company states was on the back of a provision of INR 8,376 million made in Q2 FY2023-24, resulting from the withdrawal of indexation benefit and change in tax rate on long term capital gains on debt mutual funds as per the Finance Act 2024.

During Q2 the company sold 541,550 vehicles, of which the domestic sales came at 463,834 vehicles and exports at 77,716 vehicles. While the domestic volume declined by 3.9 percent, the export volume grew by 12.1 percent compared to the same period of the previous year.

For H1, the sales came at 1,063,418 units, comprising 915,142 units in the domestic market and at 148,276 units in the export market. While the domestic market sales declined by 0.3 percent, the export sales volume grew by 11.9 percent YoY.

This translated to its highest net revenue of INR 694,644 million in H1FY2024-25 as compared to INR 663,803 million last year. The net profit came at INR 67,191 million, up 8.34 percent, as against INR 62,016 million last year.

Last year, Suzuki Motor Gujarat was acquired to become a 100 percent subsidiary of MSIL. The Board considered the structure after the acquisition and gave an in-principle approval for the amalgamation of SMG with MSIL. The appointed date for the amalgamation is 1 April, 2025, subject to all legal and regulatory compliances.  

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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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