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✦Reported by cnbctv18

Tesla India reports ₹247 crore revenue, ₹5 crore profit in FY26 as Model Y sales begin

Tesla India reports ₹247 crore revenue, ₹5 crore profit in FY26 as Model Y sales begin
Source: cnbctv18

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Tesla India Motors and Energy Private Limited reported revenue of ₹247.31 crore and a net profit of ₹5.16 crore in FY26.
  • ✓This marked the company’s first year of vehicle sales in India.
  • ✓Tesla started selling the Model Y after opening its Mumbai showroom in July 2025, boosting its local operations.

Story at a Glance

Category
BUSINESS
Reported By
cnbctv18
Reading Speed
2 Minute(s)
Market Focus
India Economy

Vehicle deliveries have surged following the opening of the automaker's flagship Mumbai showroom, driving substantial capital investments in local infrastructure. Monthly registration volumes continue to climb rapidly as operations expand. Find out how the company plans to scale its supply chain to meet growing domestic demand.

Tesla India Motors and Energy Private Limited reported revenue of ₹247.31 crore and a net profit of ₹5.16 crore in FY26, its first financial year with vehicle sales in India, as the Elon Musk-owned automaker scaled up its domestic operations.

Revenue from operations rose nearly 12-fold from ₹20.83 crore in FY25, while net profit increased from ₹55.49 lakh, as reported by Moneycontrol. The company's revenue in FY25 came entirely from services, making FY26 the first year in which vehicle sales contributed to its reported turnover.

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Tesla India reports ₹247 crore revenue, ₹5 crore profit in FY26 as Model Y sales begin | ArthNow