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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Toyota Kirloskar Motor has announced the full itinerary for the DRUM TAO India Tour 2025, a major cultural initiative developed in partnership with the renowned Japanese performance troupe. This collaboration is designed to transcend a typical corporate sponsorship, embodying Toyota’s ‘Mobility for All’ philosophy by facilitating a dynamic exchange of ideas, creativity and human spirit between Japan and India. The partnership aims to build a meaningful bridge between the two cultures, fostering appreciation and engaging deeply with the nation's youth.

The tour is scheduled to commence on 15 November with a spectacular opening at the Cherry Blossom Festival in Shillong. From there, the production will journey across 14 cities, including Varanasi, Delhi, Mumbai, Chennai and Kolkata, before reaching its final destination for a concluding performance in Bangalore on 21 December 2025. For over two decades, DRUM TAO has captivated global audiences with its powerful artistry, masterfully blending the intense energy of Taiko drumming with elegant choreography and the melodic strains of Shinobue flutes.

This tour promises to be an immersive experience, uniting Japanese precision and discipline with India's own vibrant diversity. Each event will serve as a celebration of shared values like innovation and global unity, using the universal language of rhythm to create a powerful, cross-generational connection.

Varinder Wadhwa, Vice President, Sales-Service-Used Car Business & Profit Enhancement, Toyota Kirloskar Motor, said, “We are thrilled to collaborate and host world-class artists DRUM TAO in India. India’s youth, especially Gen Z, are increasingly engaging with cultures from around the world, through music, art and lifestyle, thus shaping a new era of dynamic expression. Music, above all, serves as a universal language, bridging diverse experiences and sparking creativity, energy and joy. Through the DRUM TAO India Tour, we aim to connect with young audiences across the country, celebrating cultural exchange and inspiring them through the power of rhythm, performance and shared experiences.”

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Tata Motors Passenger Vehicles has announced the introduction of the Curvv model with new and enhanced executive features. The company has enhanced interior space across all Curvv variants (ICE and EV) through engineering innovations, with a focus on rear seat comfort and practicality.

The Curvv now features: India’s first R-Comfort Seats with Passive Ventilation. Serenity Screen Rear Sunshades. EasySip Cup Docks on the Rear Armrest. A Dashboard Insert in White Carbon Fibre finish and lighter Interior (Lalitpur Grey) with Plush Benecke-Kaliko Leatherette Seats.

The coupe SUV also introduces TwinZone Climate Concierge Air Conditioning. The Curvv.ev takes comfort further with the addition of a PureComfort Rear Co-Passenger Footrest and ErgoWing Headrest.

This enhanced version will be available in all Accomplished personas of the Curvv, starting at INR 1.45 million, and in the Accomplished and Empowered personas of the Curvv.ev, starting at INR 1.84 million.

The Curvv features a voice-activated panoramic sunroof with mood lighting, a gesture-activated powered tailgate, and a 500-litre boot space. Technology includes a 31.24 cm 12.3-inch Cinematic Touchscreen Infotainment System by HARMAN, paired with a 9-speaker JBL sound system and Arcade.ev.

The Curvv is available in both ICE (Hyperion gasoline direct injection, 1.2-litre Revotron Petrol and 1.5-litre KryoJet Diesel engines and EV powertrains, offering both automatic and manual transmission options.

The vehicle is equipped with Level 2 ADAS and holds a 5-star Bharat NCAP safety rating.

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Force Motors Limited has announced record-breaking financial results for the second quarter and first half of the fiscal year 2025-26, marking its highest-ever performance for these periods. The company, India's leading van manufacturer, achieved significant growth in profitability and operational metrics.

Financially, the company reported a standalone total income of INR 21.06 billion for Q2, an eight percent year-on-year increase, and INR 44.28 billion for H1, up 15 percent. Earnings saw an even more substantial rise, with EBITDA growing 33 percent YoY to INR 3.87 billion in Q2 and 34 percent for H1 to INR 7.44 billion. Profit After Tax surged remarkably by 148 percent in Q2 to INR 3.50 billion, a jump attributed to the shift to the New Tax Regime. The company also maintains a strong, zero-debt financial position.

This performance was propelled by robust operational success. Domestic sales volume grew by 16 percent in the first half, fuelled by strong demand for its Urbania, Traveller, Gurkha, Monobus and Trax vehicle ranges. The company also saw a 77 percent surge in export volumes. The Traveller platform continues to dominate its segment with a market share exceeding 70 percent.

The landmark results are credited to the strength of the company's product portfolio, operational excellence and a customer-centric strategy. By focusing on its core capabilities in shared passenger mobility, Force Motors has unlocked new growth opportunities. Looking forward, the company remains committed to sustainable growth by enhancing customer satisfaction, strengthening its product portfolio and expanding its international presence in a calibrated manner.

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Tata Motors Passenger Vehicles has announced it will present the Indian Women’s Cricket Team with the first lot of the soon-to-be-launched Tata Sierra SUV following their victory at the ICC Women's World Cup. The Tata Sierra is slated to be launched on 25^th November.

The company will gift the top-end model of the Sierra to each team member as part of its salute to the team’s journey and contribution to the country.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “The Indian Women’s Cricket Team has made the entire nation proud with their extraordinary performance and remarkable win. Their journey stands as a true testament to determination and the power of belief, qualities that inspire every Indian. At Tata Motors Passenger Vehicles, we are privileged to present these legends with another legend, The Tata Sierra. This is our salute to their spirit and the pride they have brought to the nation – Two legends, One spirit, Infinite inspiration.”

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