Mumbai, Jan. 28 -- The auto major said that net profit was impacted by a one-time cost of Rs 593.9 crore on account of the new labour codes.

Revenue from operations rose 29.2% YoY to Rs 47,534.4 crore, driven by a sharp recovery in the Indian car market led by the small car segment. During the quarter, MSIL recorded its highest-ever quarterly domestic sales of 5,64,669 units, compared with 4,66,993 units a year earlier.

The small car segment in the 18% GST bracket accounted for 68,328 units of incremental volumes. Total sales stood at a record 667,769 units, including exports of 103,100 units.

Profit before tax (PBT) increased 4.0% YoY to Rs 4,917.3 crore in Q3 FY26 from Rs 4,726.0 crore a year ago. Operating EBITDA rose 10% YoY to Rs ...