Rico Auto Industries Posts Q2 Net Loss of Rs 26.27 Crore on Rising Expenses
Consolidated revenue reaches Rs 852.36 crore while total expenses climb to Rs 888.94 crore, driving the automotive com...
Shahkar Abidi and Anurag Chaturvedi
06 Nov 2026
Domestic sales rose 37% in Q2 FY27, with EVs accounting for nearly 86% of volumes. Strong Udo demand has put pressure on production as the business targets growth at twice the industry rate.
Read moreConsolidated revenue reaches Rs 852.36 crore while total expenses climb to Rs 888.94 crore, driving the automotive com...
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