Income from operations rose 8% YoY to Rs 38,605 crore, in comparison with Rs 35,779 crore posted within the corresponding quarter of the earlier fiscal yr.
On a sequential foundation, web revenue declined 3% from Rs 3,911 crore reported within the quarter ended March 2025.
On a standalone foundation, web revenue rose 2% YoY to Rs 3,712 crore, in comparison with Rs 3,650 crore in the identical interval final yr. Standalone income from operations grew 8% YoY to Rs 38,414 crore, up from Rs 35,531 crore within the year-ago quarter.
Sequentially, standalone web revenue remained largely flat, inching up barely from Rs 3,711 crore reported within the March 2025 quarter.
For Q1FY26, the corporate reported a 1% YoY improve in gross sales quantity to five,27,861 models, up from 5,21,868 models in Q1FY25. Web gross sales rose 8% YoY to Rs 36,624.70 crore, in comparison with Rs 33,875 crore in the identical quarter final yr.Nevertheless, working EBIT declined 19% YoY to Rs 3,058 crore, down from Rs 3,771 crore in Q1FY25, indicating margin strain regardless of larger gross sales.The decline in working EBIT throughout Q1FY26 was attributed to a number of margin headwinds. Key unfavourable components impacting profitability included hostile commodity costs, unfavourable international alternate actions, and better gross sales promotion bills.
Moreover, the corporate incurred new plant-related bills linked to the Kharkhoda greenfield facility, additional weighing on margins regardless of progress in gross sales quantity and income.
