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Skoda drives Volkswagen India’s profit revival, backed by parent support

Skoda drives Volkswagen India’s profit revival, backed by parent support
Skoda drives Volkswagen India’s profit revival, backed by parent support · livemint.com

Volkswagen’s Indian unit, called Skoda Auto Volkswagen India, made a lot more money in 2026 than it did in the previous two years.

This happened because a lot more people bought Skoda cars, especially a new SUV called the Kylaq.

The company also got a big cash boost from its parent companies in Germany and the Czech Republic.

That money helped keep the company’s profits healthy.

Even if you ignore that extra cash, the company still grew its regular sales revenue.

The parent companies gave this support because they want the Indian business to keep growing and stay competitive.

The company also talked about selling its stake to a big Indian group called JSW.

Overall, the Indian unit is doing better thanks to strong sales and extra help from its global family.

Key facts

Net profit FY26
₹139 crore
Revenue FY26
₹22,338 crore
Skoda sales growth
68%
Financial assistance FY26
₹1,341 crore
Revenue growth excluding assistance
8%

Quotes

Skoda Auto Volkswagen India spokesperson

a spokesperson for Skoda Auto Volkswagen India Pvt Ltd

“Additional support from the parent gives the India business more room to invest in new products, marketing, localisation and network expansion without worrying too much about short‑term margins.”
livemint.com
“India remains one of the most strategic growth markets for the Group as it strengthens its business fundamentals through disciplined execution, operational efficiency, and deep localization.”
livemint.com

Sources

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