Mercedes-Benz India zips past INR 10k cr revenue mark in FY23
The robust financial performance came even as volumes have still to reach the peak of the pre-Covid year of FY19. In FY23, the local arm of the German luxury carmaker sold 16,497 vehicles, a 38% increase from the previous year, but lower than the 18,211 vehicles sold in FY19, according to the company's filing with the corporate affairs ministry.
Tags : Mercedes-Benz India revenue milestone domestic luxury car market robust financial performance Global carmakers maruti suzuki German luxury carmaker German carmaker tevs luxury vehicle
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