Toyota Kirloskar Motor (TKM), Toyota’s Indian joint venture, has delivered its highest-ever net profit of ₹5,672 crore in FY24–25, marking a remarkable 18.5% year-on-year increase compared to the previous fiscal year
What Powered This Milestone?
1. New Profit High Amid Rising Demand
The ₹5,672 crore net profit is a fresh record, up 18.5% from FY24
2. Best-ever Sales Performance
TKM achieved its highest-ever annual sales by dispatching 3,37,148 units to dealerships during FY24–25, a 28% increase over the 2,63,512 units sold in FY23–24. In March 2025 alone, TKM sold 30,043 units, growing 11% from March 2024
3. Export Surge & Wider Reach
Overseas shipments soared by 59%, underscoring India’s growing importance as a global manufacturing hub for Toyota Business Standard. Simultaneously, TKM broadened its presence in tier-II and III cities, tapping into new consumer markets
Why This Matters
- The combination of record profits, strong domestic sales, and surging exports highlights TKM’s growing strength across multiple fronts.
- Amplified customer reach—especially in smaller cities—and a robust product mix including SUVs, MPVs, and hybrids have fueled this growth
- This success reflects not just financial gains, but also Toyota’s deepening footprint in India’s evolving auto market.
At a Glance: FY24 vs FY25 Comparison
| Metric | FY23–24 | FY24–25 | Change |
|---|---|---|---|
| Net Profit | — | ₹5,672 crore | Record high, +18.5% |
| Units Dispatched | 2,63,512 units | 3,37,148 units | +28% |
| March Sales | 27,180 units | 30,043 units | +11% |
| Export Shipments | — | +59% YoY | Significant boost |
| Expansion Focus | — | Tier-II/III cities, SUVs/MPVs | Strategy at play |
Key Drivers Behind the Growth
- Broad product appeal: Popular models like SUVs, MPVs, and hybrids.
- Strategic expansion to smaller cities with tailored marketing.
- Efficient export operations, establishing India as a global hub.
- Customer-first support systems and strong after-sales services.
