Sunday, June 28, 2026

Auto ancillary sector revenue grew 12.5% in FY26 on volume gains and improved product mix: Report

Indian auto ancillaries witnessed robust revenue growth of 12.5% in FY26, driven by strong volumes and a better product mix. While EBITDA also climbed, operating margins held steady. Looking ahead, the demand outlook remains positive across various vehicle segments, though rising input costs pose a near-term challenge. Companies are focusing on expansion strategies to drive future outperformance.

from Auto-Industry-Economic Times https://ift.tt/l4A5wJd

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...