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Automobile Assemblers: Topline auto universe profitability to record 35% YoY and 19% QoQ growth – By Topline Research

Topline Securities
  • Topline Auto Universe is expected to post profitability of Rs14.7bn in 2QFY26, compared to Rs10.9bn in 2QFY25, reflecting a 35% YoY increase, primarily driven by higher passenger car sales.
  • On a QoQ basis, profitability is also projected to rise 19% supported by better economic activity, introduction of new variants, and lower interest rates, despite the typical December effect.