However, with the sustained increase in input cost, “it has now become imperative to pass on a part of this cost escalation through a minor price adjustment,” he added. The price increase will be effective from January 1, 2025, on all MY25 models.
In the April-September period (H1 FY25), the company sold a total of 383,994 units of passenger vehicles. This includes 299,094 units in the domestic market with a strong contribution from the SUV segment. The export volume stood at 84,900 units.
The automaker reported a 16 percent decline in its consolidated net profit to Rs 1,375 crore for the July-September quarter of the current financial year on the back of lower car sales both in the domestic and export markets.
