India, July 7 -- India's automobile industry is expected to maintain healthy demand across vehicle segments. However, the automakers are likely to face pressure on profit margins in the first half of the current financial year, projects Antique Stock Broking's monthly sector report. The report also stated that the profitability of the auto OEMs in India will improve in H2 FY27.

The brokerage said robust wholesale dispatches across passenger vehicles, commercial vehicles and tractors indicate that demand remains resilient, even as cost pressures are expected to weigh on OEMs in the near term. "OEM margins to remain under pressure in the near term, particularly during H1 FY27, before normalising in H2 FY27. Demand is expected to remain res...