New Delhi, Aug. 5 -- Nissan Motor Corp. reported Monday that it returned to profit in the first quarter of the fiscal year, helped by cost cutting measures and improved sales in some markets.

Nissan, based in the port city of Yokohama, said it recorded a 3.8 billion yen ($24 million) net profit from April to June, a reversal from the 115.8 billion yen loss it racked up in the same period of 2025.

Quarterly sales totaled 2.96 trillion yen ($19 billion), up 9.5% from 2.7 trillion yen a year earlier.

Nissan has been in the red for the last two fiscal years, posting billions of dollars in losses, but its leadership has promised to return it to profit in this fiscal year, which ends in March 2027.

Chief Executive Ivan Espinosa told reporte...