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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Maruti Suzuki India starts FY27 with increase in market s...
2026-05-03 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

The country's largest carmaker, Maruti Suzuki India, has started the new fiscal 2026-27 with a 42 per cent market share, increasing from 39 per cent in the previous fiscal.

According to industry estimates, the company, which posted a record domestic sales of 1,91,122 units in April, gained nearly 3 percentage points in market share the month.

Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee, told PTI that although the company's increase in market share has been led by its passenger cars, SUVs have also made a significant contribution.

"We started the new fiscal with a bang in April with record sales and also gained market share," he said.

The company's previous highest domestic sales were in December 2025 at 1,82,165 units.

Its passenger car sales were at 96,725 units in April this year as against 68,244 units in the same month last year.

"In SUV, we have done an all-time high of 55,065 units in April with a growth of 141.6 per cent over last year. We are almost close to the pole position," Banerjee noted.

As for the sales of small cars comprising models Alto, S-Presso, Celerio and WagonR, he said, "We have grown by 74.4 per cent." Carmakers had started the new fiscal on a strong note with an estimated 4.5 lakh units of passenger vehicles sold in April in the domestic market, up 27 per cent as compared to 3.54 lakh units in April last year.

Published on May 3, 2026