Tata Motors, one of the leading passenger and commercial vehicles manufacturer, has announced its financial results for Q2 FY2025.

The company reported consolidated revenue of INR 1,015 billion, down 3.5 percent YoY; EBITDA at 1,160 billion, down 230 bps and net profit at INR 33.43 billion, down 11 percent YoY.

During the quarter, the passenger vehicle volumes were down 6.1 percent YoY at 130,500 units on the back of slow consumer demand and seasonal factors. The commercial vehicle sales came at 79,800 units, lower 19.6 percent YoY impacted by slowdown in infrastructure project execution, reduction in mining activity and an overall drop in fleet utilisation due to heavy rains.

On the other hand, Jaguar Land Rover delivered an eighth successive profitable quarter, despite temporary aluminium supply constraints.

Going forward, the company has maintained a cautious outlook for the near-term in domestic demand. However, the festive season and substantial investments in infrastructure should help bolster it. JLR wholesales are expected to improve sharply, as supply challenges ease. Overall, we expect an all-round improvement in performance in H2 FY25 and the business to become net debt free by this year.

PB Balaji, Group CFO, Tata Motors, said: “Growth in the quarter was impacted due to significant external challenges as highlighted earlier. Overall, the business fundamentals remain strong, and we remain focused on our agenda of driving growth, competitiveness and free cash flows. As the supply challenges ease and demand picks up, we are confident of steady improvement in our performance and delivering a strong H2.”

Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said: “The passenger vehicle industry in Q2 FY25 witnessed around 5 percent decline in registrations, resulting in continued build-up of channel inventory. Sales of EVs were additionally impacted by lapse of certain subsidies. We moderated our offtakes in Q2 to proactively keep our channel inventory under control. Q3 has started off with a resurgence in industry demand on the back of a robust festive season. Tata Motors recorded its highest ever monthly registrations of around 68.5k during October, which helped in bringing down the inventory to normal levels. Our multi-powertrain suite of Curvv, Nexon iCNG and Nexon.ev 45 has garnered strong consumer interest as we continue to ramp up deliveries in Q3.”

Girish Wagh, Executive Director, Tata Motors, said, “Q2 FY25 moderated the positive momentum seen by the commercial vehicles industry at the start of the fiscal, due to slowdown in infrastructure project execution, reduction in mining activity and an overall drop in fleet utilization due to heavy rains. Tata Motors Commercial Vehicles domestic sales at 79.8K units were 19.6 percent lower than Q2 FY24 sales. Our demand-pull strategy and vigilance on costs had the business deliver EBITDA margins of 11.2 percent in H1 FY25. Going forward, with the rains easing, increased infrastructure spending, and the arrival of the festive season boosting consumption, we anticipate demand to pick up.”

Adrian Mardell, Chief Executive Officer, JLR, said: “JLR has delivered a resilient performance in Q2, resulting in a 25 percent increase in first half profits year-on-year. Our teams responded brilliantly to the aluminium supply shortages we experienced in the quarter, so we could deliver as many orders as possible to clients. We continue to make good progress delivering our Reimagine strategy. We have invested GBP 250 million so far to prepare our Halewood UK plant for electric vehicle production and with strong global demand for our products, we are well positioned to deliver on our commitments again this financial year.”

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Maruti Suzuki India Limited recorded its highest-ever annual production volume, reaching 2.34 million units during fiscal year 2025-26. This achievement establishes the automaker as the only original equipment manufacturer in India to attain such a production milestone for passenger vehicles. Furthermore, among all of Suzuki Motor Corporation’s global automobile manufacturing facilities, Maruti Suzuki stands alone in reaching this landmark volume.

The company currently operates four manufacturing plants located in Gurugram, Manesar, Kharkhoda in Haryana and Hansalpur in Gujarat, with a combined installed annual capacity of 2.40 million units. In March 2026, as part of its capacity expansion strategy, Maruti Suzuki identified land for a fifth manufacturing facility at the Khoraj Industrial Estate in Sanand, Gujarat. Once fully operational, this new plant is expected to add an annual production capacity of one million units. The most produced models during the year included the Dzire, Fronx, Swift, Ertiga and Baleno, each surpassing the 200,000-unit mark.

The company manufactures 17 models with over 650 variants to meet both domestic and export market requirements. This record production volume underscores Maruti Suzuki’s dominant position in India’s passenger vehicle segment and its unique standing within the global Suzuki manufacturing network.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, said, “This is a proud moment for us, as very few companies across the world have been able to manufacture such large volumes in a single country. At Maruti Suzuki, we have always believed in offering products and technologies that complement the evolving needs and aspirations of our customers, earning their trust, generation after generation. This achievement is the outcome of a carefully nurtured automobile ecosystem built over four and a half decades. At its foundation lies the mutual trust and longstanding collaboration that we share with our employees, vendor and dealer partners. This ecosystem supported by the current government’s policy environment, like the rollout of GST 2.0, strengthened market confidence and stimulated demand at a critical time allowing us to manufacture record-high units.”

He added, “Our parent company, Suzuki Motor Corporation’s strong belief in India’s growth story, along with an increased focus on developing India as an export hub, is enabling us to further expand our production capacity. We aim to scale it to about four million units per annum.”

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Nissan Motor India (NMIPL), in partnership with Vibrant Nissan, reached a significant sales milestone by delivering 100 units of the all-new Nissan Gravite in a single day in Hyderabad.

The mass delivery event, held at Le Palais Royal Crown Villa Garden on 22 April 2026, the company said, highlights the strong market reception for the Gravite following its recent entry into the mid-size SUV segment.

The Nissan Gravite is positioned as a versatile family vehicle, featuring a bold design language and a focus on cabin flexibility. The successful delivery of 100 units underscores rising customer confidence in Nissan's refreshed product portfolio, which is currently anchored by the long-standing success of the Nissan Magnite and now bolstered by the Gravite's premium features and safety package.

With an expanding dealer network and a renewed focus on the Indian market, Nissan is entering a new phase of growth. The Gravite's performance in high-potential markets like Hyderabad is seen as a key indicator of the brand's ability to compete in the highly contested SUV categories.

"The 100 Gravite delivery milestone reflects growing demand for Nissan Motor India and rising customer confidence in the all-new Nissan Gravite. Backed by the Gravite’s bold design, spacious and flexible cabin, strong safety package, Nissan’s expanding network and the continued strong run of the Nissan Magnite, the company is entering a new phase of growth in India," said the company in a statement.

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US-based electric vehicle maker Tesla India has launched the Model Y L, an all-new 6-seater SUV, at the Ballard Pier Downtown Experience Centre in Mumbai at prices starting INR 6.19 million.

Positioned as a versatile family vehicle, the Model Y L features an extended wheelbase and a three-row configuration. Online orders are open as of 22 April 2026, with the first deliveries scheduled to commence in June 2026.

The Model Y L is designed to maximise utility, offering a unique 2+2+2 seating layout.

• Second Row: Features individual captain seats with powered armrests, one-touch folding, ventilation and heating.
• Third Row: Equipped with power recline, one-touch folding and dedicated vented climate control.
• Cargo Space: Provides a massive storage capacity of up to 2,539 litres with seats folded.

The Model Y L is integrated into the broader Model Y lineup, offering a balance of range and acceleration. The Premium RWD (5-seater) with 500km range came at INR 5.98 million, L Premium AWD (6-seater) at INR 6.19 million and the Premium LR RWD (5-seater) at INR 6.78 million.

The EV features a refined chassis with adaptive suspension and electronic damping to filter road vibrations. For a premium cabin experience, it includes acoustic glass and an 18-speaker immersive Tesla Audio system.

Furthermore, as part of its focus on driving adoption of the green vehicles, Tesla continues to build its ecosystem in India to support new and existing owners:

At present, Tesla operates 5 Supercharger stations (20 Superchargers) and plans to add 7 more along major highways connecting Delhi, Mumbai, Bengaluru and other key cities.

Existing service centres in Mumbai, Gurugram, Delhi and Pune are being augmented this quarter with new locations in Bengaluru, Hyderabad, Chennai and Ahmedabad.

The Model Y L will be available for public viewing from 23 April 2026 at Tesla locations in BKC (Mumbai), Aerocity (Delhi) and Orchid Business Park (Gurugram).

Monthly financing for the Model Y L starts at INR 49,000, and the EV supports the full suite of Tesla connected features, including live traffic visualisation and integrated streaming services like Spotify and Netflix.

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Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has marked Earth Day 2026 by providing an update on its progress toward the Toyota Environmental Challenge 2050.

The company has reported significant milestones in manufacturing decarbonisation, water stewardship, and logistics efficiency, aiming to achieve carbon-neutral manufacturing operations by 2035.

Toyota Kirloskar Motor has focused on eliminating its environmental footprint across its production and supply chain through several key initiatives:

Renewable Energy: For the 5th consecutive year, Toyota Kirloskar Motor’s manufacturing facilities have utilised 100 percent renewable grid electricity, effectively eliminating all Scope 2 emissions.

Logistics Decarbonisation: The company has shifted 24 percent of its vehicle logistics to rail transport, reducing emissions per vehicle from 185 kg to 175 kg. Additionally, the pilot of electric trucks for short-distance transport has resulted in an annual reduction of approximately 950 CO2 emission.

Water & Waste Management: Approximately 89 percent of water requirements are currently met through recycling and rainwater harvesting. The company also maintains a Zero Waste-to-Landfill status, with a recycling rate of over 96 percent.

Aligned with India’s energy landscape, Toyota Kirloskar Motor is pursuing a multi-pathway approach to clean mobility. This includes active pilot projects for Hydrogen Fuel Cell Electric Vehicles (FCEV) and Electrified Flex-Fuel Vehicles (FFV-SHEV) to reduce dependence on energy imports and leverage domestic resources.

On-site, TKM’s Green Wave Project has successfully sequestered 8,118 CO2-emission through afforestation, supporting over 650 plant species. The company's Ecozone, a 25-acre experiential learning centre, has trained over 62,000 students to date, fostering environmental awareness in the next generation.

B Padmanabha, Executive Vice-President of Manufacturing, Toyota Kirloskar Motor, said, “On Earth Day 2026, Toyota Kirloskar Motor proudly reinforces its commitment to ‘Our Power, Our Planet,’ advancing a carbon‑neutral future by embedding sustainability into every aspect of our products, operations, and partnerships. Since 2021, our manufacturing facilities have been powered entirely by renewable grid electricity, eliminating Scope 2 emissions for five consecutive years and demonstrating that industrial growth and environmental responsibility can go hand in hand.”

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