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May Auto Sales: TVS Motor posts record monthly sales; EV sales jump 56%
International business was a key contributor to TVS Motor's growth, with total international sales increasing 48.6% to 175,991 units from 118,437 units a year ago. This was the highest-ever monthly sales for the segment.
VECV sales rise 7.8 pc in May at 7,978 units
VE Commercial Vehicles, a joint venture of Volvo Group and Eicher Motors, reported a 7.8 percent rise in total sales for May. The company sold 7,978 units compared to 7,401 units last year. Domestic sales saw a 9.1 percent growth. However, exports experienced a decline of 17.2 percent.
Maruti Suzuki India posts highest-ever monthly sales at 2,42,688 units in May
Maruti Suzuki India achieved its highest-ever monthly sales in May. Total dispatches surged by 34.76 percent year-on-year to a record 242,688 units. Domestic sales also hit an all-time high. Sales across various car segments, utility vehicles, and light commercial vehicles saw significant growth. Exports also increased substantially, contributing to the record performance.
Toyota Kirloskar Motor's total sales up 7% in May at 33,128 units
Toyota Kirloskar Motor saw a 7 percent increase in total sales for May 2026. Domestic sales grew 4 percent year-on-year. Exports also showed strong growth of 61 percent. The company achieved a significant milestone by crossing 3 lakh Strong Hybrid Electric Vehicle sales in India. This highlights growing customer acceptance of cleaner mobility solutions.
Mahindra & Mahindra reports 23% growth in domestic tractor sales at 47,845 units in May
Mahindra & Mahindra's farm equipment division saw strong domestic tractor sales in May. The company sold 47,845 units, marking a significant 23 percent increase compared to the previous year. This growth was fueled by successful Rabi harvesting and favorable farmer conditions. Exports also contributed positively, with 1,850 tractors sold, showing a 7 percent rise. Overall tractor sales reached 49,695 units.
May Auto Sales: Escorts Kubota shares decline despite 19% growth; Here are the near-term headwinds
Escorts Kubota's domestic sales increased 22.5% to 11,887 units in May compared to 9,703 units in the previous year. However, tractor exports declined 35% to 423 units from 651 units in the year-ago period.
Mahindra & Mahindra sales increase 20 pc in May at 99,636 units
Mahindra & Mahindra reported a 20% year-on-year growth in total vehicle sales for May, reaching 99,636 units. The utility vehicle segment saw an 11% increase in domestic sales, while commercial vehicle sales rose by 19%. The company cited sustained demand, though supply chain challenges persist.
Asian Paints net profit jumps nearly 70%, weighs 'calibrated' price hikes
This fiscal year, Asian Paints is targeting an ambitious volume growth of 8-10%. To safeguard its profit margins at 18-20%, the company is adopting calculated price adjustments and embracing cost-efficient strategies. Moreover, there’s a strong emphasis on expanding their premium product line.
Lumax Auto Tech Q4 profit jumps 51%; board approves stake buy in Lumax FAE
Auto components maker Lumax Auto Technologies reported a 51% year-on-year rise in consolidated net profit for the fourth quarter at ₹88.1 crore, compared with ₹58.4 crore in the corresponding period last year, aided by strong revenue growth and improved operating performance.
Ashok Leyland shares fall after Q4 results, near-term demand uncertainty
Management said FY26 commercial vehicle volumes touched an all-time high, surpassing the earlier peak, while export volumes also hit a record high with 18.5% year-on-year growth. However, exports disappointed during the quarter due to logistical disruptions linked to the West Asia conflict.
Flex office firms' earnings jump on strong demand, premium shift
Flexible workspace firms WeWork India, Smartworks, IndiQube, and Awfis reported robust revenue growth and improved margins in the last fiscal year. Sustained demand from global capability centers and a shift to managed offices fueled this performance.
Timex Group India posts Rs 800 crore revenue for FY26
Timex Group India achieved a landmark financial year 2025-2026. Revenues surged 48% to Rs 800 crore, with profit before tax jumping 151% to Rs 107.4 crore. EBITDA also saw substantial growth. The company experienced strong performance across its brands, including Timex, Guess, and Versace. E-commerce channels recorded a 90% increase in sales.