New Delhi, July 3 -- India's automobile industry is expected to maintain healthy demand across vehicle segments, but automakers are likely to face pressure on profit margins in the first half of FY27 before profitability improves in the second half, according to an Antique Stock Broking monthly sector report.

The brokerage said robust wholesale dispatches across passenger vehicles (PVs), commercial vehicles (CVs) and tractors indicate demand remains resilient, even as cost pressures are expected to weigh on original equipment manufacturers (OEMs) in the near term.

"OEM margins to remain under pressure in the near term, particularly during 1HFY27, before normalising in 2HFY27. Demand is expected to remain resilient in the premium segment...