New Delhi, Jan. 7 -- Homegrown conglomerate JSW Group's first auto business, JSW MG Motor India, crossed the $1-billion revenue milestone in the financial year ended 31 March 2025, less than six years after launching its cars in the country.

Losses, however, nearly doubled in FY25 from a year earlier.

According to the company's latest filings with the ministry of corporate affairs (MCA) reviewed by Mint, the Gurugram-based company saw its revenue rise 10% to Rs.8,790 crore in FY25. Based on an average exchange rate of Rs.84.57 to a dollar during the period, the company recorded $1.04 billion revenue.

However, JSW MG Motor India's losses nearly doubled to Rs.1,096 crore in FY25 from Rs.586 crore in FY24, filings show, as the company sli...