Development · 20 Aug 2026
1 publisher has reported this development. Each act of reporting is below, cited.
India's auto sector saw strong demand in 1QFY27 with OEM volumes jumping 26% year-on-year, but aggregate EBITDA margins declined 210 basis points to 13.1% due to commodity headwinds.
India's auto sector saw strong demand in 1QFY27 with 26% volume growth, but aggregate EBITDA margin declined 210 basis points year-over-year to 13.1% due to commodity headwinds.
India's auto sector saw strong demand in 1QFY27 with volumes jumping 26% year-on-year, driven by GST 2.0 cuts across 2-wheelers, passenger vehicles, commercial vehicles and tractors, though aggregate EBITDA margin declined 210 basis points year-on-year to 13.1% due to commodity headwinds.
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