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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.
Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectations
Motilal Oswal said Q4 FY26 earnings surpassed expectations, with aggregate profits rising 16% year-on-year against its 8% estimate. Strong performances from BFSI, metals, OMCs, technology, telecom and automobiles drove the beat, while oil & gas lagged. The brokerage remains selective, favouring domestic growth-oriented sectors and stocks.
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.
Aegis Logistics shares rally 4% as Q4 profit rises 45% YoY; Board recommends dividend
Aegis Logistics shares rose sharply after the company reported a 45% year-on-year rise in Q4 FY26 consolidated net profit to Rs 413 crore, supported by strong revenue growth. The board also recommended a final dividend of Rs 6.70 per share, boosting investor sentiment amid robust annual performance.
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.
Gautam Adani Says US Legal Issues Behind It, Bets On AI-Driven Infrastructure Boom
In his annual letter to shareholders, Adani said the conglomerate remained committed to expansion despite heightened scrutiny over the past year, adding that matters related to the group's US legal proceedings were now "behind us", allowing it to focus on its next phase of growth.
Adani says US legal issues behind it, bets on AI-driven infrastructure boom
In his annual letter to shareholders, Adani said the conglomerate remained committed to expansion despite heightened scrutiny over the past year, adding that matters related to the group’s US legal proceedings were now ”behind us”, allowing it to focus on its next phase of growth.
Zara posts weakest performance in India since pandemic, net sales fall 1% in FY26
Zara's India operations experienced a slowdown in the past fiscal year, marking its weakest performance since the pandemic. Intensifying competition in India's apparel market impacted revenue. However, the parent company, Trent, remains optimistic about future growth through brand expansion and investments. Massimo Dutti India showed stronger growth. Trent's overall revenue increased significantly.
Non MF-retail ownership on NSE-listed firms falls to five year low in March 2026
Tepid earnings growth over the past 18 months and war-induced elevated crude prices are behind the decline. However, combined with retail flows through MFs, total individual ownership stands at 18.7%, exceeding FPI holdings of 15.8% as of FY26-end.
Aegis Logistics Q4 Results: Stock jumps 8% on strong profit, revenue growth; Margins stable
During FY26, subsidiary Aegis Vopak Terminals Ltd. completed its initial public offering and was listed on the stock exchanges in June 2025. The company also transferred its Pipavav gas storage undertaking to Aegis Vopak Terminals on a slump-sale basis, resulting in a gain of ₹114.4 crore that was recognised in other income during the year.