Business · Companies · 7 hrs ago
Tesla India reports ₹247.3 crore revenue and ₹5.2 crore profit in FY26
Tesla’s Indian unit reported ₹247.3 crore in FY26 revenue and ₹5.2 crore in profit in its first full year of retail operations.
Revenue rose from ₹20.8 crore the previous year, while profit increased from ₹55.5 lakh.
Vehicle sales made up nearly 87% of revenue, with services providing the rest.
Tesla opened its first Indian showroom in Mumbai in 2025, and registered 346 vehicles between September 2025 and March 2026.
Registrations reached 650 in the first half of the next fiscal year, more than the total for the previous fiscal year.
Tesla also put about ₹86 crore into its Indian unit and increased spending on property and equipment; the figures show its investment in India is growing.
Tesla India reported revenue of ₹247.3 crore and net profit of ₹5.2 crore in FY26.
Revenue from operations rose nearly 12-fold from ₹20.8 crore in FY25.
Vehicle sales generated ₹214.69 crore, nearly 87% of revenue, while services generated ₹32.4 crore.
The company registered 346 vehicles between September 2025 and March 2026, then 650 in the first half of the following fiscal year.
Tesla invested about ₹86 crore in its Indian unit in FY26, and capital spending rose sharply.
- Who
- Tesla India Motors and Energy, the Indian unit of Tesla.
- What
- It reported FY26 revenue of ₹247.3 crore and net profit of ₹5.2 crore.
- When
- FY26; the filings were reported on October 26, 2026.
- Where
- India.
- Why
- Vehicle sales contributed most of the revenue as Tesla expanded its retail operations in India.
This story does not have two clearly opposing sides.
Tesla India reported ₹20.8 crore in revenue, entirely from services-related operations.
Tesla opened its first showroom in Mumbai.
Tesla registered 346 vehicles in India.
Tesla reported revenue of ₹247.3 crore and net profit of ₹5.2 crore.
Tesla registrations reached 650 units.
- FY26 revenue
- ₹247.3 crore
- FY26 net profit
- ₹5.2 crore
- Vehicle sales revenue
- ₹214.69 crore
- Services revenue
- ₹32.4 crore
- FY26 investment in Indian unit
- About ₹86 crore
- Registrations, first half of following fiscal year
- 650 units