Tesla India FY26 Revenue Jumps 12x to Rs 247 Crore
Tesla India Motors and Energy posts Rs 247.31 crore revenue and Rs 5.16 crore profit in FY26, its first year of car sales. Here’s what the numbers reveal.
Key Highlights
- 12-fold revenue growth: Tesla India Motors and Energy reported FY26 revenue of Rs 247.31 crore, up from Rs 20.83 crore in FY25.
- Profit surge: Net profit rose to Rs 5.16 crore from Rs 55.49 lakh a year earlier.
- Cars now drive the business: Vehicle sales contributed Rs 214.69 crore, nearly 87 per cent of revenue; services added Rs 32.40 crore.
- Sales momentum: Registrations hit 650 units in April-September FY27, already beating the 346 units recorded between September 2025 and March 2026.
- Fresh investment: Tesla infused about Rs 86 crore into its Indian arm, while capex rose to Rs 62.54 crore from Rs 1.16 crore.
Tesla’s first full year of selling cars in India has delivered a striking set of numbers. According to a regulatory filing, Tesla India Motors and Energy, the Indian unit of Elon Musk’s electric vehicle company, reported revenue of Rs 247.31 crore and a net profit of Rs 5.16 crore for FY26.
Revenue from operations jumped nearly 12-fold from Rs 20.83 crore in FY25, while net profit climbed from Rs 55.49 lakh. The leap is explained by a fundamental shift in the business. In FY25, the company’s turnover came entirely from services-related operations. FY26 was the first year in which vehicle sales contributed to reported revenue, following the opening of Tesla’s first Indian showroom in Mumbai in 2025.
Vehicle sales brought in Rs 214.69 crore, accounting for nearly 87 per cent of total revenue, while services contributed Rs 32.40 crore.
