Overview
- Revenue from operations crossed the Rs 15,000 crore mark with double‑digit growth as total quarterly volumes rose 10% year on year to 1.34 million units.
- EBITDA came in at Rs 3,161 crore with a 20.8% margin, the company’s highest on record.
- Exports rose 18% to 610,215 units, crossing 600,000 for the first time in 15 quarters, with strength across Asia, Africa and Latin America.
- The electric portfolio contributed about 25% of domestic revenue, Chetak volumes jumped roughly 70% sequentially, and EV sales surpassed last year’s tally mid‑quarter.
- The balance sheet showed about Rs 15,000 crore in surplus funds after Rs 5,864 crore in dividends and over Rs 2,300 crore infused into subsidiaries, and results reflected a Rs 61.3 crore one‑time cost from the new labour code.