Tesla India posts Rs 5.16 crore profit in FY26 revenue jumps nearly 12 times
- Tesla’s Indian unit posted a net profit of Rs 5.16 crore on revenue of Rs 247.31 crore in FY26.
- Revenue rose nearly 12 times from Rs 20.83 crore in FY25, when all of it came from services.
- Vehicle sales brought Rs 214.69 crore and services Rs 32.4 crore, from 1,782 registrations led by the Model Y.
- The operating margin narrowed to 5.5% from 13.7% and gross margin to 42% from 100% as cars took over.
Source: businesstoday.in
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
